W. H . UF Final Assessment - AF1 (1) - Microsoft Word Ink Tools X File Home Insert Page Layout References Mailings Review View Acrobat Pens a ? X Cut Aptos (Body) + 11 . A A Aa 4F 21 AaBbCc[ AaBbCcC AaBE AaBbc Aat PA Find Copy "ac Replace Paste Title Change Create PDF Create PDF and Request Format Painter BI U - abe x2 x A. 2 . A . BE= $ 4. 1 Normal 1 No Spacing Heading 1 Heading 2 Styles * Select and Share link Share via Outlook Signatures Clipboard Font Paragraph Styles Editing Adobe Acrobat Accounting Fundamentals 1 (AF1) Final Assessment - AF1 Final Assessment Mark - 40% Rosewood College Please answer the following questions: 1. Complete the table below using Accounting Equation (Assets= Liabilities + Owner's Equity): Compute the missing amounts in the accounting equation for each businesses. ASSETS BILITIES OWNER'S EQUITY Economy Cuts $120,000 $40,000 Marpole Dry Cleaners $100,000 $50,000 Dauphin Gift and Cards $145,000 $115,000 2. Record the following Transactions in a Journal. ABC Yoga engaged in the following transactions during January 2024, its first month of operations: January 02 - The business received a $15,000 cash investment from the owner, Yula Gregore, to start ABC Yoga. January 03 - Paid $4,000 cash to rent a yoga studio for the month of January. O 5 January 04 - Purchased Studio Supplies for $4,000 on Account. January 06 - Earned Service Revenue and received cash, $3,000. Page: 1 of 3 Words: 388 1 = 100% + Type here to search w G X 7:56 PM 15 .C 5/5/2024 PRE