Question: Please answer all the 2 questions below. Explain your calculations Income and changes in retained earnings please help with these 2 questions Exercise 1 (50points):

Please answer all the 2 questions below. Explain your calculations
Income and changes in retained earnings

please help

with these 2 questions

Exercise 1 (50points): Prepare the Balance Sheet based on the information supplied below: What is the value of Capital? Exercise 2 (50points): Prepare the Balance Sheet of the following information: Prepare the Balance Sheet based on the information supplied below: What is the value of Capital? Exercise 2 (50 points): Prepare the Balance Sheet of the following information

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