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accounting i want solution 1. EX.01-07.ALGO (Algorithmic) Accounting Equation Annie Rasmussen is the owner and operator of Go44, a motivational consulting business. At the end
accounting
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1. EX.01-07.ALGO (Algorithmic) Accounting Equation Annie Rasmussen is the owner and operator of Go44, a motivational consulting business. At the end of its accounting period, December 31, 2018, Go44 has assets of $694,570 and liabilities of $219,480. Using the accounting equation and considering each case independently, determine the following amounts. heet a. Annie Rasmussen, capital, as of December 31, 2018. b. Annie Rasmussen, capital, as of December 31, 2019, assuming that assets increased by uity i $109,740 and liabilities increased by $65,980 during 2019. ty are c. Annie Rasmussen, capital, as of December 31, 2019, assuming that assets decreased by $54,870 and liabilities increased and by $19,450 during 2019. on ea d. Annie Rasmussen, capital, as of December 31, 2019, assuming that assets increased by e value $91,680 and liabilities decreased by $34,730 during 2019. ts liabi e. Net income (or net loss) during 2019, assuming that as of December 31, 2019, assets were earne $875,160 liabilities were $142,390, and there were no additional investments or withdrawalsStep by Step Solution
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