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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 the year Assets
A corporation had the following assets and liabilities at the beginning and end of this year, Beginning of the year End of the year Assets $134, eee 188, eee Liabilities $57,446 72,900 a. Owner made no investments in the business, and no dividends were paid during the year. b. Owner made no investments in the business, but dividends were $1.500 cash per month c. No dividends were paid during the year, but the owner did invest an additional $45.000 cash in exchange for common stock d. Dividends were $1,500 cash per month, and the owner invested an additional $35,000 cash in exchange for common stock Determine net income or net loss for the business during the year for each of the above separate cases: (Decreases in equity should be indicated with a minus sign.) 0 $ 0 Beginning of the year-Equity Owner investments Dividend Not income dos End of the year-Equity $ 05 S 0
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