Essay
The adjusted trial balance of Hanson Hawk Company at September 30, 2022 includes the following accounts: Owner's Capital $27,700; Owner's Drawings $9,750; Service Revenue $46,800; Insurance Expense $1,950; Salaries and Wages Expense $18,000; Rent Expense $3,000; Supplies Expense $650; and Depreciation Expense $1,100. Prepare an owner's equity statement for the year.
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