Solution:
Transaction | Net Income | Total Assets | Total Liabilities | Total Equity |
Income Statement | Balance Sheet | Balance Sheet | Balance Sheet | |
1-Jan | $0.00 | $100,750.00 | $0.00 | $100,750.00 |
2-Jan | $0.00 | $100,750.00 | $0.00 | $100,750.00 |
3-Jan | $0.00 | $110,800.00 | $10,050.00 | $100,750.00 |
4-Jan | $15,500.00 | $126,300.00 | $10,050.00 | $116,250.00 |
5-Jan | $15,500.00 | $116,250.00 | $0.00 | $116,250.00 |
6-Jan | $18,200.00 | $118,950.00 | $0.00 | $118,950.00 |
7-Jan | $16,975.00 | $117,725.00 | $0.00 | $117,725.00 |
8-Jan | $16,975.00 | $117,725.00 | $0.00 | $117,725.00 |
9-Jan | $16,975.00 | $107,725.00 | $0.00 | $107,725.00 |
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