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1) What is the equity at the beginning of the year? Beginning Equity 9,000 2) What is the equity at the end of the year? Ending Equity 34,000 3) If the owner contributes $8,700 and the owner withdraws $42,400, how much is net income (loss)? Net Income (Loss) (-58,700)

1) What is the equity at the

beginning of the year?

Beginning Equity 9,000

2) What is the equity at the end of the year?

Ending Equity 34,000

3) If the owner contributes $8,700 and the owner withdraws $42,400, how much is net income (loss)?

Net Income (Loss) (-58,700)

4) If net income is $2,200 and owner withdrawals are $7,000, how much did the owner contribute (owner, capital)?

Owner, Capital: ???????? 

5) If the owner contributes $16,600 and net income is $15,500, how much did the owner withdraw (owner, withdrawals)?

Owner, Withdrawals: ???????? 

6) If the owner contributes $44,800 and the owner withdraws $4,300, how much is net income (loss)?

Net Income (Loss)??????????

Assets Liabilities Beginning M’Vear: $27,000 $18,000
End of Yean $60,000 525,000
1)What is the equity at the beginning of the year? 2) What is the equity at the end of the year?
Beginning Equity 9000 Ending Equity 34,000
3) If the owner contributes $8,700 and the owner withdraws $42,400. how 4) If net income is $2,200 and owner withdrawals are $7,000, how much
much is net income {loss}? did the owner contribute (owner. capital)?
Net Income (Loss) [-58.700) Owner. Capital |:}
5) If the owner contributes $16,600 and net income is $15,500, how much did 6) If the owner contributes $44,800 and the owner withdraws $4,300,
the owner withdraw (owner, withdrawals]? how much is net income (loss)? Owner,

 
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