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QUESTION 1 Please complete the Income Statement, Statement of Owner's Equity, and Balance Sheet from the following information and answer questions 1b,1c, and 1d :

image text in transcribed QUESTION 1 Please complete the Income Statement, Statement of Owner's Equity, and Balance Sheet from the following information and answer questions 1b,1c, and 1d : York Construction Co. LTD Trial Balance August 31,2023 The Net Profit/(Loss) is: 1. Net Profit of $18,000 2. Net Loss of $7,000 3. Net Profit of $11,000 4. Net Loss of $25,000 QUESTION 2 Continuing from 1a. Total Assets is: 1. $619,500 2. $618,500 3. $617,500 4. $626,000 QUESTION 3 Continuing from 1a Total Liabilities is: 1. $1,500 2. $26,500 3. $626,500 4. $25,500 QUESTION 4 Continuing from 1 a. Ending Owner's Equity Balance is: 1.$590,0002.$591,0003.$592,0004.$600,000 1. $600,000 QUESTION 5

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