B- determine how much owners equity increased for the month

C- compute the amount of net income for the month

made by Arthur Cooper & Co, a $4,800 for salaries and wages, and $370 for utilities. certified public accounting firm, for the month of August is shown below. The expenses were $650 for rent firm, for 1.. $15,500 2. 3,500 3. 700 4. 3,300 5. -1,700 6. 1,100 7. 650 $15,500 $5,800 $2,300 $700 $4,300 $7,600 -1,700 -$1,100 -450 -$650 -4,800 370 -370 Determine how much owner's equity increased for the month Net increase in owner's equity Compute the amount of net income for the month