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please show the work for each and number each! thank you also dont forget to check the X. On December 1 of the current year,
please show the work for each and number each! thank you also dont forget to check the X. On December 1 of the current year, Rob Elliot invested $35.000 of his cash to form a prietorshi, GGE Enterprises. After all transactions have been entered into the accounting equation, the following are the ending balances for selected items on December 31. On that date, the financial statements were prepared. The statement of owner's equity for GGE Enterprises reported Rab Elior's owner's equity as of December 31 at $38,000. The balance sheet reported total abilities and owner's equity of 566,650 Cash Accounts Receivable $8,000 Accounts Payable Land $16,500 Rob Elliot. Capital Rob Elliot. Drawing $5,750.00 Fees Earned $26,750.00 Supplies Expense $5,400 00 Utilities Expense ? Wages Expense $4,650 00 Rent Expense $1,265.00 Miscellaneous Expense $460.00 Balance Sheet Income Statement Statement of Owner's Equity Amount What are the total assets owned by GGE Enterprises? How much cash is being held by GGE Enterprises? By what amount did Rob Elliot's equity increase or decrease during the penod? What is the amount of profit or loss during December? What were the total expenses for December? How much expense was reported for utilities? How much does GGE Enterprises owe to its creditors
please show the work for each and number each! thank you also dont forget to check the X.
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