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Cells with non-gray backgrounds are protected and cannot be edited. Enter the appropriate amounts/formulas in the answer cells, or select from the drop-down list. In part 2, place a plus sign or minus sign in the small box beside the amount. Row (a) has been completed as an example. An asterisk (") will appear to the right of incorrect entries in outlined answer cells. For correct grading. enter a zero where you would otherwise leave an amount cell blank. PE 1-5A Statement of owner's equity Using the income statement for Ousel Travel Service shown in Practice Exercise 1-4A, prepare a statement of owner's equity for the year ended November 30, 2016. Shane Ousel, the owner, invested an additional $50,000 in the business during the year and withdrew cash of $30,000 for personal use. Shane Ousel, capital as of December 1,2015 , was $666,000. Cells with non-gray backgrounds are protected and cannot be edited. Enter the appropriate amounts/formulas in the answer cells, or select from the drop-down list. In part 2, place a plus sign or minus sign in the small box beside the amount. Row (a) has been completed as an example. An asterisk (") will appear to the right of incorrect entries in outlined answer cells. For correct grading. enter a zero where you would otherwise leave an amount cell blank. PE 1-5A Statement of owner's equity Using the income statement for Ousel Travel Service shown in Practice Exercise 1-4A, prepare a statement of owner's equity for the year ended November 30, 2016. Shane Ousel, the owner, invested an additional $50,000 in the business during the year and withdrew cash of $30,000 for personal use. Shane Ousel, capital as of December 1,2015 , was $666,000

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