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Below is the Adjusted Trial Balance for Golden Securities as at 30 June 2020: Golden...

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Accounting

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Below is the Adjusted Trial Balance for Golden Securities as at 30 June 2020: Golden Securities Trial Balance (Adjusted) As at 30 June 2020 Accounts Debits Credits Cash at bank 5,000 Accounts receivable 48,000 Equipment 4,000 Accumulated depreciation-Equipment 1,700 Accounts payable 8,000 Bank loan 5,000 Capital 29,800 Drawings 3,200 Service revenue 55,000 Wages expense 15,000 Rent expense 9,500 Insurance expense 2,100 Depreciation expense-Equipment 12,700 99,500 99,500 Required: Prepare the Statement of Changes in Owner's Equity for the financial year assuming the owner did not make any contribution

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