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confused on this problem if you dont mind helping thank you:) Penny tyman is the owber and operator of Go 109, a motivational consulting bushess.
confused on this problem if you dont mind helping thank you:)
Penny tyman is the owber and operator of Go 109, a motivational consulting bushess. At the end of as accounting period, December 31,20Y1, Go 109 has assets of $973,590 and Wahties of $276,050. Using the accounting equation and considerng each case independently, deternne the following amounts. a. Penny Lyman, capital, as of December 31,20Y1. b. Penny Lyman, capital, as of Deceenter 31,20y2, assuming that assets increased by $138,030 and habieies increased by $82,990 duine 20 r2. C. Penny tyman, capital, as of December 31, 20y2, assuming that assets decreased by 369,010 and labities increased by $24,460 dueng 20y2. d. Penay tyman, captal, as of December 31, 20Y2, assuming that assets increased by 5115,310 and habetins decreased by \$43.640 durne 20 r2. c. Net income (or net lass) during 20V2, assuming that as of December 31,202, assets were $1,100,720, labaltes were $1%9,090, and there were no addiconal investments or withdrawals Step by Step Solution
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