What is the answer of 11,13

11. Below is statement of financial position information for two independent situations. Calculate the answer to each. A company reports an increase in assets of $1,700 and an increase in liabilities of $400. What is the amount of the change in shareholders' equity? A company reports an increase in liabilities of $500 and a decrease in shareholders' equity of $800. What is the amount of the change in total assets? 12. Charles Pryor invested his savings in a small laundry shop. Record the transactions listed below in the form provided; then total and prove the results. Opened the shop by investing $15,000 in cash. Bought $1,500 of supplies on account from Woodchuck Company Bought cleaning equipment for $8,500 cash. Received cash for cleaning services, $1,550. Paid salaries and other expenses of $450. Bought additional $2,500 of supplies from Woodchuck Company, paid $1,500 cash, remainder on account. Charles Pryor withdrew $500 for personal use. Assets + Supplies + Equipment = Liabilities + Accounts + Payable Equity C. Pryor, Capital Cash 0 Balance Balance Balance Balance o Balance Balance Balance