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John Landscaping Started 2024 with total assests of $13,000 and total liabilities of $8,000. At the end of 2024, Johns total assests stood at $20,000

John Landscaping Started 2024 with total assests of $13,000 and total liabilities of $8,000. At the end of 2024, Johns total assests stood at $20,000 and total liabilities were $4000.
1. Did the owners equity of john landscaping increase or decrease during 2024? by how much?
2. Identify the four possible reasons that owners equity can change. image text in transcribed
John Landscaping started 2024 with total asset of 513,000 and total liabilities of $8,000. At the end of 2024, John's total assets stood at $20,000 and total liabitie were 4,000 Requirements 1. Did the owner's equity of John Landscaping increase of decrease during 20247 By how much? 2 Identify the four possible reasons that owner's equity can change. Requirement 1. Did the owner's equity of John Landscaping increase or decreme during 20247 By how much? (Enter a decrease with a minus sign or parenthome) The change in owner's equity during the your ins

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