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  3. 4. using the information presented below, prepare

4. Using the information presented below, prepare a statement of owner's equity and balance sheet...

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Accounting

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4. Using the information presented below, prepare a statement of owner's equity and balance sheet from the adjusted trial balance of Hanson Storage. Ms. Hanson's capital account balance of $40,340 consists of a $30,340 beginning-year balance plus a $10,000 investment during the current year. (14%) 5 3,050 400 830 80 4.200 $ 1.100 98.000 28.000 115,000 HANSON STORAGE Adjusted Trial Balance December 31 Cash Accounts receivable. Prepaid insurance Office supplies Ottice equipment Accumulated depreciation office equipment Buildings..... Accumulated depreciation buildings. Land Wages Payable... Property taxes payable Interest payable Uneamed rent Long-term notes payable Mary Hanson, Capital Mary Hanson. Withdrawals Rent camned Wapes expense Utilities expense Property taxes expense Insurance expense... Office supplies expense Depreciation expense-office equipment, Depreciation expense-buildings Interest expense 880 1.400 2,200 460 150,000 40.340 21,000 57,500 25,000 1.900 2.400 800 250 400 5.570 3,000 $281.8 Totals $281.8SO

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