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Dave Ryan is the owner and operator of Ryan's Arcade. At the end of its accounting pened, December-31, Ryan's Arcade has assets of 5637,310 and
Dave Ryan is the owner and operator of Ryan's Arcade. At the end of its accounting pened, December-31, Ryan's Arcade has assets of 5637,310 and liablities of s252,130. Using the accounting equation, determine the foliowng amounts: a. Owner's equity as of December 31 of the current year. b. Owner's equity as of December 31 of the end of the next year, assuming that assets uncreased by $79,750 and habtinies inoreased by $18,360 during the year
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