happy dave is the owner of daves pizza garage. at the end of the accounting period, happy dave has assets of 26000 and liabilities of 22000. using the accounting equation, determine the following:

1. Happy Dave is the owner of Dave's Pizza Garage. At the end of the accounting period, Happy Dave has assets of $26,000 and liabilities of $22,000. Using the accounting equation, determine the following: Owner's equity at the end of the accounting period. (3 Points) a. Owner's equity at the end of the next accounting period assuming assets increase by $2,500 and liabilities decrease by $500. (3 Points) b. Analyze, journalize (pg. 3) and update the ledger accounts (pgs. 5-6) for the following January, 20X7 transactions for Benard Consulting, a proprietorship owned by Olivia Benard: 2. 1-Jan: Olivia Benard makes an investment into the company of $15,000 a. b. 1-Jan: January rent is paid for office space in the amount of $500 1-Jan: An annual comprehensive insurance policy is purchased for $2,400. C. 3-Jan: Provided consulting services for $1,500, due from the customer on 2/3/2017. d. e. 3-Jan: Purchased supplies on account $2,250. 10-Jan: Provided services for cash of $2,400. f. 12-Jan: Purchased office equipment paying cash of $1,800. g. 16-Jan: Paid $1,800 to vendors on account. h. 25-Jan: Provided services on account for $1,250. i. 28-Jan: Received payment on account of $1,000. 30-Jan: Olivia Benard withdrew $1,000 from the company for personal use. k