Assets Liability

Beginning of Year: $29,000 $18,000

End of Year: $64,000 $28,000

-If the owner contributes $7,200 and the owner withdraws $39,000, how much is net income (loss)?

Net Income (Loss)

-If net income is $2,800 and owner withdrawals are $9,500, how much did the owner contribute (owner, capital)?

-If the owner contributes $15,100 and net income is $17,500, how much did the owner withdraw (owner, withdrawals)?

Owner, Withdrawals

- If the owner contributes $43,500 and the owner withdraws $2,800, how much is net income (loss)?