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Assets Liabilities Beginning of Year: $25,000 $19,000 End of Year: $60,000 $26,000 1) What is the equity at the beginning of the year? Beginning Equity
Assets Liabilities Beginning of Year: $25,000 $19,000 End of Year: $60,000 $26,000 1) What is the equity at the beginning of the year? Beginning Equity 3) If the company issues common stock of $8,500 and pay dividends of $44,300, how much is net income (loss)? Net Income (Loss) 5) If the company issues common stock of $18,800 and net income is $18, 100, how much is dividends? Dividends 2) What is the equity at the end of the year? Ending Equity 4) If net income is $1,100 and dividends are $7,800, how much is common stock Common Stock 6) If the company issues common stock of $44,600 and pay dividends of $4,900, how much is net income (loss Net Income (Loss)
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