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need help on question 1b Complete this question by entering your answers in the tabs below. es Required 1A Required 1B Required 10 What is
need help on question 1b
Complete this question by entering your answers in the tabs below. es Required 1A Required 1B Required 10 What is the amount of equity at the end of the year for Company A? Statement of Owner's Equity Equity, beginning of year Add: Net income 'Add: Investments by owner 8,660 6,000 14,660 3,500 Less: Withdrawals by owner Equity, end of year Prey 72 Required information Problem 1-2A (Alge) Computing missing information using accounting knowledge LO A1 The following information on below The following financial information is to becomes Las . 13. . 49.1 27.3 . Die . . . fo 8, Problem 1-2A (Ag) Part 1 se the com What moto tee VA The following financial statement information is from five separate companies Company A Company Company company company $9e090 $ 35,000 27.06 $ 25,740 18) 018 $12111ze 111484 558740 40, 530 38,000 Beginning of year Assets Liabilities End of year Assets Liabilities Changes during the year Owner investments Net income (loss) Owner withdrawals 27360 18,604 69,160 33 196 121475 184,880 82,855 1.48 6,000 8,660 3,500 9250 6) 100 5 875 10,754 6500 8502 11000 2,eee Problem 1-2A (Algo) Part 1 Required: 1a. What is the amount of equity at the beginning of the year for Company A? 16. What is the amount of equity at the end of the year for Company A? 1c. What is the amount of liabilities at the end of the year for Company A? Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required 10 What is the amount of equity at the end of the year for Company A? Statement of Owner's Equity Equity, beginning of your Add: Not income 8,660 Add: Investments by owner 5.000 14,660 Loss Withdrawals by owner 3,500 Equity, end of year 11.160 3 Step by Step Solution
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