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Harris Consulting Harris Consulting began business on January 1, 2019 with the owner contributingis yllez $100,000 into the business in exchange for common stock in
Harris Consulting Harris Consulting began business on January 1, 2019 with the owner contributingis yllez $100,000 into the business in exchange for common stock in the company. Based on the following information, determine the net income or net loss for Harris Consulting for 2019, 2020, and 2021 and then comment on the company's financial performance over the three years. Show your work. (Hint: this is a statement of shareholders' equity problem. Organize and write down all the information given in a Statement of Shareholders' Equity format with columns for three years, use the accounting equation to calculate ending shareholders' equity for each year, and plug in net income or net loss for each period).
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