Question: Please answer questions E1-3, E1-4, E1-5 with detailed explanation, please follow AASB standards (Australian Accounting Standards), thank you E1-3 USING THE ACCOUNTING EQUATION [5 MIN]

Please answer questions E1-3, E1-4, E1-5 with detailed explanation, please follow AASB standards (Australian Accounting Standards), thank you

Please answer questions E1-3, E1-4, E1-5 with detailed explanation, please follow AASB

standards (Australian Accounting Standards), thank you E1-3 USING THE ACCOUNTING EQUATION [5

MIN] (LO 2 ) Calculate the missing amount in the accounting equation

E1-3 USING THE ACCOUNTING EQUATION [5 MIN] (LO 2 ) Calculate the missing amount in the accounting equation for each entity from the financial information presented: E1-4 USING THE ACCOUNTING EQUATION [5 MIN] (LO 2 ) Green City Builders' balance sheet data at 31 May 2021 and at 30 June 2021 follow: Requirement For each of the following situations with regard to owner's contributions and withdrawals of the business, calculate the amount of profit or loss during June 2021. a. The owner contributed $7500 to the business and made no withdrawals. b. The owner made no contributions. The owner withdrew cash of $13000. c. The owner made contributions of $20000 and withdrew cash of $18000. E1-5 USING THE ACCOUNTING EQUATION [5 MIN] (LO 2) Star Nursery started 2021 with total assets of $24000 and total liabilities of $5000. At the end of 2021, Star Nursery's total assets stood at $18000 and total liabilities at $1000. Requirements 1. Did the owner's equity of Star Nursery increase or decrease during 2021? By how much? 2. Identify the four possible reasons that owner's equity can change

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