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Fill in blanks using equity equation Opening Capital Net Income/ Net Loss Drawings Ending Capital 1 $50,000.00 $20,000.00 $5,000.00 2 $80,000.00 -$4,500.00 $1,000.00 3 $35,000.00

Fill in blanks using equity equation

Opening

Capital

Net Income/

Net Loss

Drawings

Ending

Capital

1

$50,000.00

$20,000.00

$5,000.00

2

$80,000.00

-$4,500.00

$1,000.00

3

$35,000.00

$12,000.00

$32,000.00

4

-$7,200.00

$1,200.00

$34,000.00

5

$14,500.00

$15,000.00

$28,000.00

6

$63,400.00

$1,200.00

$60,500.00

7

$71,000.00

$30,000.00

$67,000.00

8

$82,600.00

$22,000.00

$87,200.00

9

$95,800.00

-$5,200.00

$78,400.00

10

$76,850.00

$25,000.00

$46,500.00

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