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Required: Answer the following questions. For money amounts, round your answer to the nearest dollar. Do not include $. Do not use comma separators. Do

image text in transcribed 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, Joe's Gymnasium had assets and liabilities worth $14,000 and $7,000 respectively. At 30th June 2021, the assets and liabilities of Joe's Gymnasium were $19,000 and $10,000 respectively. a. (1 mark) Joe's capital balance on 1st July 2020 is b. (1 mark) Joe's capital balance on 30th June 2021 is c. (2 marks) If Joe did not make any capital contributions or withdraw any money from the business, he made a positive number) for the year ended 30 June 2021. of (input a 2. (2 marks) At 1st July 2020, Joe's Gymnasium had assets and liabilities worth $14,000 and $7,000 respectively. At 30th June 2021, the assets and liabilities of Joe's Gymnasium were $19,000 and $10,000 respectively. If Joe had contributed $3,000 during the financial year, she made a of (input a positive number) for the year ended 30 June 2021. 3. (2 marks) At 1st July 2020, Joe's Gymnasium had assets and liabilities worth $14,000 and $7,000 respectively. At 30th June 2021, the assets and liabilities of Joe's Gymnasium were $19,000 and $10,000 respectively.. If Joe had withdrawn $3,000 during the financial year, she made a of (input a positive number) for the year ended 30 June 2021image text in transcribed

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