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estion list Question 1 Question 2 Question 3 Question 4 K Green City Builder's balance sheet data at May 31, 2018, and June 30,
estion list Question 1 Question 2 Question 3 Question 4 K Green City Builder's balance sheet data at May 31, 2018, and June 30, 2018, follow (Click the icon to view the balance sheet data) Read the requirement Begin by identifying the accounting equation and the formula to calculate the change in the stockholders' equity during a period (Abbreviations used: Beg equity beginning equity; End equity ending equity) Accounting equation: Assets Liabilities Equity Stockholders' equity equation: Beg equity Common stock issued Net income or Net loss-Dividends End. equity For each of the following situations that occurred in June, 2018 with regard to common stock and dividends of a corporation, compute the amount of net income or net loss during June 2018. (Use a minus sign or parentheses for a net loss.) a. The company issued $25,000 of common stock and paid no dividends Net income (loss) is Requirement For each of the following situations that occurred in June, 2018 with regard to common stock and dividends of a corporation, compute the amount of net income or net loss during June 2018 a. The company issued $25,000 of common stock and paid no dividends b. The company issued no common stock. It paid cash dividends of 55,000. c. The company issued $35,000 of common stock and paid cash dividends of $11,000. Data table Total Assets $ May 31, 2018 188,000 $ 77.000 Total Liabilities Print Done Print Done June 30, 2018 231,000 66,000
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