The adjusted trial balance of Wilcox Company at December 31,2010 includes the following accounts: A. Wilcox, Capital $12,600; A. Wilcox, Drawing $6,000; Service Revenue $35,000; Salaries Expense $13,000; Insurance Expense $2,000; Rent Expense $3,500; Supplies Expense $500; and Depreciation Expense $1,000. Prepare an owner's equity statement for the year.

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The Answer of The adjusted trial balance of Wilcox Company at December 31,2010 includes the following accounts: A. Wilcox, Capital $12,600; A. Wilcox, Drawing $6,000; Service Revenue $35,000; Salaries Expense $13,000; Insurance Expense $2,000; Rent Expense $3,500; Supplies Expense $500; and Depreciation Expense $1,000. Prepare an owner's equity statement for the year.

The Adjusted Trial Balance of Wilcox Company at December 31,2010