- 02/04/20 10:02 AM Homework: Chapter 1 Homework Score: 0.4 of 1 pt 6 of 8 (8 complete) HW Score: 64.11%, 10.26 of 16 W E1-21 (similar to) Question Help Alan Lightwork's balance sheet data at May 31, 2018, and June 30, 2018, follow :: (Click the icon to view the balance sheet data.) Read the requirement Begin by identifying the accounting equation and the formula to calculate the change in the stockholders' equity during a period (Abbreviations used Beg equity = beginning equity, End, equity = ending equity.) = Accounting equation: Stockholders' equity equation Assets = Liabilities + Equity Bog, equity + Common stock issued + Net income or Netloss. Dividends End, equity For each of the following situations that occurred in June, 2018 with regard to common stock and dividends of a corporation, compute the amount of net income or net loss during June 2018. (Use a minus sign or parentheses for a net loss.) a. The company issued $12,000 of common stock and paid no dividends. Net income (loss) = $ 0 Enter any number in the edit fields and then click Check Answer. Final Check Clear All 2 parts 2 remaining U10 LUHU view the balance sheet data.) requirement dentifying the accounting equation and the formula to calculate the change in the stockholders' equity during a period. (Abbreviations us equity, End. equity = ending equity.) ng equation: = Assets = Lial ders' equity equation: = Beg. equity i Data Table quity of the following situations that occurred jon, compute the amount g June 2018. (Use a minus sign or par mpany issued $12,000 of common stod May 31, 2018 June 30, 2018 Total Assets $ 144,000 $ 211,000 ne (loss) = $ 10 Total Liabilities 122,000 155,000 Print Done number in the edit fields and then click Check Answer. Fina Clear All ming