(5 Question No. 1 Marks) Cash 1. +$15.000 2. -2.000 3. 4. 4,600 5. -1,500 6. -2,000 7. -650 8. +450 9. -4,800 10 Accounts Accounts Owner's Owner's Receivablet Suppliest Equipment Payable + Capital - Drawing+ Revemes- Expenses +$15,000 +$5,000 $3,000 +5750 +53,900 +$8.500 -1.500 -$2,000 -S650 -450 -4,800 +400 -400 Instructions a. Determine how much owner's equity increased for the month. (1.5) b. Compute the amount of net income for the month (1.5) c. Suppose you are an accountant in a company, how you will record the following events in the accounting records? Explain your answer in each case with arguments. (2) i The owner of the company dies. ii. Supplies are purchased on account, An employee is fired. iv. The owner of the business withdraws cash from the business for personal use. iv