The adjusted trial balance data given below is from the Bennett Company's worksheet for the year ended December 31, 2019. The firm had net income of $26,000 for the year. Prepare a statement of owner's equity for the year. No additional investments were made during the period.
Definitions:
Codon
A sequence of three nucleotides in mRNA that specifies a particular amino acid or a start/stop signal in protein synthesis.
Nucleotides
The basic building blocks of DNA and RNA, composed of a sugar, a phosphate, and a nitrogenous base.
Amino Acids
Organic compounds that serve as the building blocks of proteins, critical for virtually all biological processes.
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