Marah Slavik Homework: Chapter 1 Homework Score: 0.4 of 1 pt 3 of 4 (3 complete) . %E1-21 (similar to) Alan Lightworks balance sheet data at May 31 2018, and June 30, 2018, follow (Cck the icon to view the balance sheet data Read the surement Begin by identifying the accounting equation and the formula expressed by the statement of owner's equity (the "equity equation" Accounting equation: Assets Liabilities - Equity Equity equation: Capital, Beginning Owner contrbution-Net income or Not loss Owner withdrawal Capital Ending For each of the following situations with regard to owner's contributions and withdrawals of the business compute the amount of net income or netiss during June 2018 (Use a minus sign or parentheses for a net loss) a. The owner contributed 525 000 to the business and made no withdrawals Niat income foss) is Data Table Total Assets Total Liabilities May 31, 2018 June 30, 2018 S 180 000 $ 250 000 144,000 99 000 Print Done 2 parts remaining Clear All