Thank you for your help!
*57,550 is incorrect
Homework Answers
Answer -
| a. | b. | c. | d. | |
| Beginning of the year--Equity |
$77411 [$135500 - $58089] |
$77411 [$135500 - $58089] |
$77411 [$135500 - $58089] |
$77411 [$135500 - $58089] |
| Owner investments |
$0 [Given] |
$0 [Given] |
$45000 [Given] |
$35000 [Given] |
| Dividends |
$0 [Given] |
($12600) [$1050 * 12] |
$0 [Given] |
($12600) [$1050 * 12] |
| Net income (loss) |
$31474 [$108885 - $77411] |
$44074 [$108885 - $77411 + $12600] |
($13526) [$108885 - $77411 - $45000] |
$9074 [$108885 - $77411 - $35000 + $12600] |
| End of the year--Equity |
$108885 [$183000 - $74115] |
$108885 [$183000 - $74115] |
$108885 [$183000 - $74115] |
$108885 [$183000 - $74115] |
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Thank you for your help!
*57,550 is incorrect
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