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A corporation had the following assets and liabilities at the beginning and end of this year, Beginning of the year End of th
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Answer #1

Calculate following

a b c d
Beginning of the year-equity 89500-38369 = 51131 51131 51131 51131
Owner investments 0 0 45000 35000
Dividend 0 -7200 0 -7200
Net income (loss) 28301 35501 -16699 501
End of the year-Equity 133500-54068 = 79432 79432 79432 79432
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