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(B) calculate Judy's owner's equity for the period ended march 31, 2021. (C) Calculate Judy's Balance sheet for the period ended March 31,2021 Question 22

(B) calculate Judy's owner's equity for the period ended march 31, 2021.
(C) Calculate Judy's Balance sheet for the period ended March 31,2021 image text in transcribed
Question 22 Judy Cumby is the sole owner of Blossom, a public camping ground near Gros Morne National Park. Judy has gathered the following financial information for the year ended March 31, 2021: Revenues-camping fees $162,000 Revenues-general store $40,000 Operating expenses 157,000 Cash on hand 11,600 Supplies on hand 2,500 Original cost of equipment 111,000 Fair value of equipment 126,000 Notes payable 72,000 Accounts payable 11,900 ) Cumby, capital, April 1, 2020 17,000 Accounts receivable 21,200 1. Cumby, drawings 9,000 Camping fees collected for April 10,000 Insurance paid for in advance for April to June, 2021 600

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