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a. At 1st July 2020, Nancy's Spa had assets and liabilities worth $75,000 and $43,000 respectively. At 30th June 2021, the assets and liabilities of

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a. At 1st July 2020, Nancy's Spa had assets and liabilities worth $75,000 and $43,000 respectively. At 30th June 2021, the assets and liabilities of Nancy's Spa were $82,000 and $54,000 respectively. i. (1 mark) Nancy's capital balance on 1st July 2020 is $ ii. (1 mark) Nancy's capital balance on 30th June 2021 is $ iii. (2 marks) If Nancy did not make any capital contributions or withdraw any money from the business, she made a of (input a positive number) for the year ended 30 June 2021. b. (2 marks) At 1st July 2020, Nancy's Spa had assets and liabilities worth $75,000 and $43,000 respectively. At 30th June 2021, the assets and liabilities of Nancy's Spa were $82,000 and $54,000 respectively. If Nancy had contributed $4,000 during the financial year, she made a of $ (input a positive number) for the year ended 30 June 2021. C. (2 marks) At 1st July 2020, Nancy's Spa had assets and liabilities worth $75,000 and $43,000 respectively. At 30th June 2021, the assets and liabilities of Nancy's Spa were $82,000 and $54,000 respectively. If Nancy had contributed $3,000 and withdrawn $9,000 during the financial year, she made a of $ (input a positive number) for the year ended 30 June 2021

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