Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

en Lymasis the word of 10 barang berid, December 10, de 1707.00 and considering the intendent, amine the wing amounts Pwy yman, capt, of December

image text in transcribed
image text in transcribed
image text in transcribed
en Lymasis the word of 10 barang berid, December 10, de 1707.00 and considering the intendent, amine the wing amounts Pwy yman, capt, of December 31, 2011 545.700 Penny Lyman, as of December 2013. noved by $120.070 and 55.00 575.000 in 2012 Pennym, capital of December 2, 2012, numing math decame by $6,040 watter 460,400 $22,140 dating 2012 d. Penny mental, as of December 31, 2012, during that increased by 105,130 bis decreased by 091010 $39,900 during 2012 Net income for netos) during 2012 in that as of December 11, 2012, 51,005.10, were 1863 510 and there were no additional investments or withdrawal Funny hewandertor 10, the entitet, DI, 30.12.2011 and contrahentydetmine the focowng Forum 11.30 545, Permyn, taste 2012, twenty $126,076 and 590.000 175,000 dan 2012 NL, capital of December 11, 2012, sum tantsutrasad by $0.3,640 orderet 460.400 122,149 dating 2012 dowymon, December 2010 dered by $20,000 during 2012 Recording 20 ming the bed 31, 2012, 1,006,100.00 and here were or with SLOTS BOOK Show Me How Accounting Equation Penny Lyman is the owner and operator of Go109, a motivational consulting business. At the end of its accounting period, December 31, 2011, Gotohast of 797,930 and abilities of $252,150. Using the accounting equation and considering each case independently determine the following amounts a. Penny Lyman, capital, as of December 31, 2011 545,780 1. Ponny Lyman, capital, as of December 31, 2012, assuming that assets increased by $126,070 and abilities increased by 596,050 $75,000 during 2012 c. Penny Lyman, capital, as of December 11, 2012, suming that assets decreased by $63,040 and abilities incroned by 460,400 122,140 during 2012 d. Peony Lyman, capital, as of December 31, 2012, assuming that assets increased by $105,130 and one decreased by 691,010 $39.900 during 2012 . Nust income (or at low) during 2012, assuming that as of December 31, 2012, suuts were $1,005,500, tanities were 5103,500, and there were no additional investments or withdrawal

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions