eBook Cash Account Balance During the month, Lothers Co, received $281,750 in cash and paid out $237,800 in cash a. Do the data indicate that Lathers Co had net income of $43,950 during the month? b. Ir the balance of the cash account is $63,700 at the end of the month, what was the cast balance at the beginning of the month? Journal Entry for Owner's Withdrawal Prepare a journal entry on January 25 for the withdrawal of $11,000 by Jay Nolan for personal use. Jan. 25 eBook Show Me How Horizontal Analysis Two Income statements for Boyer Company are shown below Boyer Company Income Statements For Years Ended December 31 2016 2015 Fees earned $558,600 $490,000 Operating expenses 354,880 320,000 Net Income $203,720 $170,000 Prepare a horizontal analysis of Boyer Company's income statements. Round percent answers to one decimal place. Boyer Company Income Statements For Years Ended December 31 2016 2015 Amount increase/(Decrease) Percentage Increase/(Decrease) Fees earned $558,600 $490,000 % Operating expenses 354,880 320,000 9% Net income $203,720 $170,000 $ % Journal Entry for Asset Purchase Prepare a journal entry for the purchase of office equipment on February 12 for $23,450, paying $4,700 cash and the remainder on account. If an amount box does not require an entry, leave it blank. Feb. 12