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prepare a statement of owners equity for the year ended august 31, 2019

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Sentinel Travel Service
Statement of Owner's Equity
For the year ended August 31, 2019
Barb Schroeder, Capital, September 1, 2018 $ 266,000
Additional investment by owner during the year $ 59,000
Net income for the year 265,670
Less: Withdrawals (37,400)
Increase in Owner's Equity 287,270
Barb Schroeder, Capital, August 31, 2019 $ 553,270
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