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Still need help with this problem. can someone still help? Help Check my work mode : This shows what is correct or incorrect for the
Still need help with this problem. can someone still help?
Help Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate com a. Owner made no investments in the business, and no dividends were paid during the year. b. Owner made no investments in the business, but dividends were $1,250 cash per month c. No dividends were paid during the year, but the owner did invest an additional $55,000 cash in exchange for common stock d. Dividends were $1250 cash per month, and the owner invested an additional $35,000 cash in exchange for common stock Determine the net income earned or net loss incurred by the business during the year for each of the above separate cases: (Decreases in equity should be indicated with a minus sign.) Answer is not complete. $ $ Beginning of the year Equity Owner investments Dividends Net Income foss) End of the year-Equity 40.000 $ 40,000 00 0 (15,000) 29.000 03 69000S 69.000 40.000 55,000 0 0 69.000 40.000 35.000 (15,000) BO $ $ S 69.000 here to search O BI e 54 E 8 ER Step by Step Solution
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