Question 6 Not yet saved Marked out of 8.00 P Flag question Each of the following scenarios are independent of each other. Required: Answer the following questions. For money amounts, round your answer to the nearest dollar. Do not include $. Do not use comma separators. Do not use negative numbers nor brackets. For example, 123456 would be the correct format. 1. At 1st July 2020, Jeff's Catering had assets and liabilities worth $20,000 and $10,000 respectively. At 30th June 2021, the assets and liabilities of Jeff's Catering were $ 24,000 and $12,000 respectively. Complete the Statement of Changes in Equity: Jeff's Catering Statement of Changes in Owner's Equity For the year ended 30 June 2020 Capital - 1 July 2020 Profit or loss Capital - 30 June 2021 over the financial Based on the change in Equity over the financial period, we can assume that the business has period. 2. At 1st July 2020, Jeff's Catering had assets and liabilities worth $20,000 and $10,000 respectively. At 30th June 2021, the assets and liabilities of Jeff's Catering were $ 24,000 and $12,000 respectively. If Jeff had contributed $3,000 during the financial year, he made a of (input a positive number) for the year ended 30 June 2021. 3. At 1st July 2020, Jeff's Catering had assets and liabilities worth $20,000 and $10,000 respectively. At 30th June 2021, the assets and liabilities of Jeff's Catering were $ 24,000 and $12,000 respectively. of (input a positive number) for the year If Jeff had withdrawn $3,000 during the financial year, he made a ended 30 June 2021