Question: 2 HINT Activity b. Using the expanded Accounting Equation Using the expanded accounting equation, calculate and enter the answers for each question. You will need


2 HINT Activity b. Using the expanded Accounting Equation Using the expanded accounting equation, calculate and enter the answers for each question. You will need to use the answers you calculate for beginning and ending equity to answer the rest of the questions Ats Lub Bening of your SO fr 1) What is the equity at the beginning of the year? 2. What is the wory the end of the year! Ending or the owner contributes 57.600 and the owner withdraws 339,600 how much is net income income and wer withdraware 5.200, how much the ner contribute tower capital Owner Net income Los of the owner contributes 42,100 and the one with 2,000, much income fossil Sif the owner contributes 1.200 and net income is 518,100, how much did the owner withdraw owner, withdrawal Owner Withdrawas mo Build a T-account for each part of the expanded accounting equation (1) Drag the debitor and credit "CR"labels to the appropriate sides of the T-account. (2) Drag the normal balance label to the correct side of the T-account. (3) Label which side of the t-account increases and decreases that account dre and detais Own LU O. With Ourent
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