Table 2-2
the Following Is a List of the Accounts

question 18

Essay

Table 2-2
The following is a list of the accounts and their balances appearing in the ledger of Martin Mann Garage as of December 31, 2019, the company's year end. The accounts are in alphabetical order and have normal balances. $\begin{array} { l r } \text { Accounts payable } & 1,350 \\\text { Accounts receivable } & 3,750 \\\text { Cash } & 1,200 \\\text { Equipment } & 37,800 \\\text { Gasoline expense } & 1,800 \\\text { Martin Mann, Capital } & 19,800 \\\text { Martin Mann, Withdrawals } & 1,500 \\\text { Notes payable } & 33,000 \\\text { Rent expense } & 3,600 \\\text { Repairs expense } & 1,950 \\\text { Salary expense } & 2,100 \\\text { Salary payable } & 300 \\\text { Service revenue } & 24,750 \\\text { Supplies } & 600 \\\text { Supplies expense } & 900 \\\text { Truck } & 24,000\end{array}$
-Refer to Table 2-2. Prepare a Statement of Owner's Equity for Martin Mann Garage for the year ended December 31, 2019. Assume the capital amount did not change since January 1, 2019.

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Definitions:

Emotional

Pertains to feelings, emotions, or mood, often influencing behavior and perception.

Erikson

Erikson refers to Erik Erikson, a developmental psychologist known for his theory on the psychosocial development of humans, emphasizing the impact of social interaction across the lifespan.

Teenagers' Social Lives

The behaviors, interactions, and relationships that adolescent individuals engage in with peers and others in their social context.

Identity

A person’s sense of self, characterized by unique attributes, beliefs, and experiences that distinguish them from others.