Table 2-1
the Following Is a List of the Accounts

question 12

Essay

Table 2-1
The following is a list of the accounts and their balances appearing in the ledger of Henry Garage Repairs as of December 31, 2019, the company's year end. The accounts are in alphabetical order and have normal balances. $\begin{array} { l r } \text { Accounts payable } & \$ 450 \\\text { Accounts receivable } & 1,250 \\\text { Cash } & 400 \\\text { Equipment } & 12,600 \\\text { Gasoline expense } & 600 \\\text { Ian Henry, Capital } & 6,600 \\\text { Ian Henry, Withdrawals } & 500 \\\text { Notes payable } & 11,000 \\\text { Rent expense } & 1,200 \\\text { Repairs expense } & 650 \\\text { Salary expense } & 700 \\\text { Salary payable } & 100 \\\text { Service revenue } & 8,250 \\\text { Supplies } & 200 \\\text { Supplies expense } & 300 \\\text { Truck } & 8,000\end{array}$
-Refer to Table 2-1. Prepare a Statement of Owner's Equity for Henry Garage Repairs for the year ended December 31, 2019. Assume the capital amount did not change since January 1, 2019.

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Definitions:

ADH Secretion

The release of antidiuretic hormone (ADH), which helps control the body's water balance by signaling the kidneys to increase water absorption from the forming urine.

Detrusor Muscle

The smooth muscle found in the wall of the bladder, which contracts during urination to expel urine.

Micturition

Micturition is the biological process of discharging urine from the bladder through the urethra to the outside of the body, commonly referred to as urination.

Urinary Bladder

A muscular sac in the pelvic cavity that stores urine before it is excreted from the body.