Activity 4.a

Activity 4a - Calculating Net Income/Loss on Income Statement & Balance Sheet/Equity For each scenario, calculate the net income/loss, identify if it is net income or loss, and finalize the totals for the income Statement and Balance Sheet columns. SMART TOUCH LEARNING Worksheet December 31, 2016 United Adres Asted Trial Be Sheet AL NA G De Du | CH De Tota 50.300 300 12.00 SMART TOUCH LEARNING Warisht December 31, 2016 Undra wance Income het AC Nors D Cra Det Credit De Cro De Ord De Credit Total 4900 000 00 Tetal