please answer these three question it helps me study for my exams
Required Information The following information applies to the questions displayed below) The accounting records of Nettle Distribution show the following assets and liabilities as of December 31, 2018 and 2019 December 31 $ 2019 5,866 18, $ 44,273 24,32 3.791 115.68 45.536 Accounts receivable Office Supplies Office equipent Trucks Building Land S payable Bote pale 123,954 54,536 151,79 63. 1 1 ,336 2. Compute net income for 2019 by comparing total equity amounts for these two years and using the following information: During 2019, the owner invested $35.000 additional cash in the business in exchange for common stock) and the company paid a $31.200 cash dividend Equity December 31, 2018 E Decembe 31, 2010 Required Information [The following information applies to the questions displayed below) The accounting records of Nettle Distribution show the following assets and liabilities as of December 31, 2018 and 2019. December 31 Cash Accounts receivable Office supplies Office equipment Trucks Building 2018 $ 44,273 24.032 3,791 116.368 45.536 2019 $ 6,866 18,841 2.772 123.954 $4,536 151.799 37.880 31,336 89.679 Accounts payable Note payable 63,15e 3. Compute the 2019 year-end debt ratio. Choose Numerator Debt Ratio Choose Denominator 1 Debt Ratio Debt ratio Required Information The following information applies to the questions displayed below. Yi Min started an engineering firm called Min Engineering. He began operations and completed seven transactions in May. which included his initial investment of $18.500 cash. After those seven transactions, the ledger included the following accounts with normal balances $24.258 Office Supplies Pressure Office equipment Accounts payable 12.500 12.See 18. Dividends Engineering fees earned Rent expense 42, 7,33 Required: 1. Prepare a trial balance for this business as of the end of May. MIN ENGINEERING Trial Balance May 31 Debit Credit