The trial balance columns of the worksheet for Oriole Roofing at March 31, 2022, are as follows.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The trial balance columns of the worksheet for Oriole Roofing at March 31, 2022, are as follows.

Oriole Roofing
Worksheet
For the Month Ended March 31, 2022
   
Trial Balance
Account Titles
 
Dr.
 
Cr.
Cash
  4,300    
Accounts Receivable
  3,000    
Supplies
  2,170    
Equipment
  11,000    
Accumulated Depreciation—Equipment
      1,250
Accounts Payable
      2,110
Unearned Service Revenue
      620
Owner’s Capital
      12,620
Owner’s Drawings
  1,020    
Service Revenue
      6,700
Salaries and Wages Expense
  1,470    
Miscellaneous Expense
  340     
    23,300   23,300


Other data:

1.   A physical count reveals only $700 of roofing supplies on hand.
2.   Depreciation for March is $250.
3.   Unearned revenue amounted to $190 at March 31.
4.   Accrued salaries are $700.

T. Oriole made an additional investment in the business of $9,720 in March. Prepare an owner’s equity statement for the month of March. (List items that increase owner's equity first.)

ORIOLE ROOFING
Owner’s Equity Statement
choose the accounting period                                                                       
select an opening name                                                                       
 
$enter a dollar amount 
select between addition and deduction                                                                       :
   
select an item                                                                       
enter a dollar amount
 
select an item                                                                       
enter a dollar amount
 
 
  enter a subtotal of the two previous amounts
 
  enter a total amount for the first part
select between addition and deduction                                                                       : select an item                                                                       
  enter a dollar amount
select a closing name                                                                       
 
$enter a total amount 
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