Equity and the Balance Sheet

2. In your Workbook, complete the following schedule. Fill in the blanks for each of the five separate equity section relationships. Financial Information: Company 1 Company Company 3 Company 4 2 Beginning capital 6 000 6 000 15 000 Total revenues 10 000 29 000 Total expenses 8 000 11 000 30 000 Net income or loss (-) 14.000 11 000 20 000 Drawings 3 000 12 000 15 000 Increase or decrease (-) -6 000 in equity Ending capital 10 000 Company 5 62 000 35 000 -5.000 -10 000