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Please fill in the blanks: Assets Liabilities Equity 1,200 800 _____ _____ 600 1,300 1,500 _____ 1,000 Please calculate the change in Equity for each

Please fill in the blanks:

Assets Liabilities Equity

1,200 800 _____

_____ 600 1,300

1,500 _____ 1,000

Please calculate the change in Equity for each of the transactions below:

Change in assets Change in liabilities

+800 +200

+700 -100

-300 +400

-600 -500

+900 0

-400 0

0 +1,700

0 -1,800

During 2017, a company had the following changes in equity

Owners investment 1,600

Revenues 4,000

Dividends 1,000

Expenses 2,700

Please calculate the companys net income.

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