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help with all Annie Rasmussen is the owner and operator of Go44, a motivational consulting business. At the end of its accounting period, December 31
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Annie Rasmussen is the owner and operator of Go44, a motivational consulting business. At the end of its accounting period, December 31 , 2018 , Go44 has assets of $625,850 and liabilities of $197,770. Using the accounting equation and considering each case independently, determine the following amounts. a. Annie Rasmussen, capital, as of December 31, 2018. b. Annie Rasmussen, capital, as of December 31,2019 , assuming that assets increased by $98,880 and liabilities increased by $59,460 during 2019 . c. Annie Rasmussen, capital, as of December 31,2019 , assuming that assets decreased by $49,440 and liabilities increased by $17,520 during 2019 . d. Annie Rasmussen, capital, as of December 31,2019 , assuming that assets increased by $82,610 and liabilities decreased by $31,290 during 2019 . e. Net income (or net loss) during 2019, assuming that as of December 31,2019 , assets were $788,570, liabilities were $128,300, and there were no additional investments or withdrawals. Feedback Vheck My Work If you know two figures for the accounting equation (Assets = Liabilities + Owner's Equity), you can rearrange it to calculate the missing amountsStep by Step Solution
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