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This course Question 13 Not yet wered Maked out of 4.00 The Lim Company at the following assets and liabilities on the dates indicated December
This course Question 13 Not yet wered Maked out of 4.00 The Lim Company at the following assets and liabilities on the dates indicated December 31 Total Assets Total Liabilities 2016 $480,000 $250,000 2017 $460,000 $210,000 2018 $590,000 $300,000 Lim began business on January 1, 2016, with an investment of $100,000. P Flag question Instructions Frany an analysis of the change in owner's equity during the year, compute the net income (or loss) for: (6) 2017. assuming um made an additional investment of 560.000 and had na drawing 2017 (b) 2018, assuming um made an additional investment of $15.000 and had drawings of 540,000 in 2018
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