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QUESTION

1) Find the Net Income / Loss. Assets: 58,000 Liabilities: 35,000 Owners investment: 12,000 Net Loss? Owners Withdraws: 10,000 2) Find owners equity

1) Find the Net Income / Loss.

Assets: 58,000

Liabilities: 35,000

Owners investment: 12,000

Net Loss?

Owners Withdraws: 10,000

2) Find owners equity and Liabilities

Assets: 60,000

Liabilities: ?

Owners Investments: 12,000

Net Income/ Loss : 22,000

Owners Withdraws: 10,000

3) Find owners investments

Assets: 74,000

Liabilities: 51,000

Owners investments: ?

Net Income/ Loss 12,000

Owners Withdraws: 20,000

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