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How do I solve the problem described in the image labeled Full Problem given the data in the image labeled Data Reference Owner's Equity -
How do I solve the problem described in the image labeled "Full Problem" given the data in the image labeled "Data"
Reference Owner's Equity - X Devine Arrangements Statement of Owner's Equity Year Ended December 31, 2018 Paige, Capital, January 1, 2018 Owner contribution $ 11,500 5,300 15,200 Net income for the year $ 32,000 (12,000) Owner withdrawals $ 20,000 Paige, Capital, December 31, 2018 Print Done Data Table i Data Table - X h $ 3,000 Salaries Expense $ 38,000 74,000 Accounts Payable 5,400 Insurance Expense Service Revenue Utilities Expense Rent Expense Paige, Capital, Jan. 1, 201 800 Office Supplies 1,900 17,000 Paige, Withdrawals 12,000 11,500 Accounts Receivable 7,500 Cash 6,400 Equipment 9,600 Owner contribution 5,300 Print Done i - X Reference Income Statement Devine Arrangements Income Statement Year Ended December 31, 2018 Revenues: Service Revenue $ 74,000 Expenses: Salaries Expense $ 38,000 17,000 Rent Expense Insurance Expense 3,000 800 Utilities Expense Total Expenses 58,800 $ 15,200 Net Income Print Done Homework: Module 1 MyAccountingLab Assignment Save Score: 0 of 1 pt 5 of 23 (3 complete) HW Score: 13.04%, 3 of 23 pts S1-14 (similar to) Question Help o Devine Arrangements has just completed operations for the year ended December 31, 2018. This is the third year of operations for the company. The following data have been assembled for the business: (Click the icon to view the assembled data.) (Click the icon to view the income statement.) Click on the icon to view the statement of owner's equity.) Prepare the balance sheet of Devine Arrangements as of December 31, 2018. (If a box is not used in the table leave the box empty; do not select a label or enter a zero.) Assets Liabilities Owner's Equity Choose from any list or enter any number in the input fields and then click Check Answer. ? All parts showing Clear All CheckStep by Step Solution
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