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I NEED HELP ASAP !!! Answer the following questions. For money amounts, round your answer to the nearest dollar. Do not include $. Do not

I NEED HELP ASAP !!!

Answer the following questions. For money amounts, round your answer to the nearest dollar. Do not include $. Do not use comma separators. Do not use negative numbers nor brackets. For example, 123456 would be the correct format.

  1. At 1st July 2020, Kens Cupcake had assets and liabilities worth $88,000 and $57,000 respectively. At 30th June 2021, the assets and liabilities of Kens Cupcake were $97,000 and $63,000 respectively.

    1. (1 mark) Kens capital balance on 1st July 2020 is $Answer.

    2. (1 mark) Kens capital balance on 30th June 2021 is $Answer.

    3. (2 marks) If Ken did not make any capital contributions or withdraw any money from the business, he made a Answerprofitloss of $Answer (input a positive number) for the year ended 30 June 2021.

  2. (2 marks) At 1st July 2020, Kens Cupcake had assets and liabilities worth $88,000 and $57,000 respectively. At 30th June 2021, the assets and liabilities of Kens Cupcake were $97,000 and $63,000 respectively.

    If Ken had contributed $5,000 during the financial year, he made a Answerprofitloss of $Answer (input a positive number) for the year ended 30 June 2021.

  3. (2 marks) At 1st July 2020, Kens Cupcake had assets and liabilities worth $88,000 and $57,000 respectively. At 30th June 2021, the assets and liabilities of Kens Cupcake were $97,000 and $63,000 respectively.

    If Ken had contributed $8,000 and withdrawn $10,000 during the financial year, he made a Answerprofitloss of $Answer (input a positive number) for the year ended 30 June 2021.

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