Question: Bob Electronic's balance sheet data at May 31, 2018, and June 30, 2018, follow E (Click the icon to view the balance sheet data) Read

Bob Electronic's balance sheet data at May 31, 2018, and June 30, 2018, follow E (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 Bogequity beginning equily, End equity = ending equity) Accounting equation = Assets Liabilities - Equity Stockholders' equity equation = Beg 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 $35,000 of common stock and paid no dividends Net income (loss) = $ X Requirement 1 Data Table 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 a. The company issued $35,000 of common stock and paid no dividends b. The company issued no common stock. It paid cash dividends of $11,000 c. The company issued $12,000 of common stock and paid cash dividends of $22,000 May 31, 2018 June 30, 2018 $ 111.000 $ 250,000 99,000 77 000 Total Assets Total Liabilities Enter any number Print Done Print Done Check Answer 2 parts remaining
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