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Assets Liabilities Beginning of Year 526.000 $15.000 End of Year 562.000 525.000 1) What is the equity at the beginning of the year? Beginning Equity

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Assets Liabilities Beginning of Year 526.000 $15.000 End of Year 562.000 525.000 1) What is the equity at the beginning of the year? Beginning Equity 2) What is the equity at the end of the year? Ending Equity 3) if the owner contributes $7,500 and the owner withdraws $36,500, how much is net income (loss)? 4) If net income is $2,500 and owner withdrawals are $9,300,how much did the owner contribute (owner, capital? Net Income (Loss) Owner, Capital 6) If the owner contributes $44,900 and the owner withdraws $1,000, how much is net income foss)? 5) If the owner contributes $19,500 and net income is $15,500, how much did the owner withdraw (owner, withdrawals)? Owner Withdrawals Net Income (Loss) earson ACT Sole Proprietorship - Google Chrome act.pearsoncmg.com/test-out/1 Assets Liabilities Beginning of Year: $26,000 $15,000 End of Year: $62,000 $25,000 1) What is the equity at the beginning of the year? Beginning Equity 3) If the owner contributes $7,500 and the owner with much is net income (loss)? Net Income llass)

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