Accounting equationAnnie Rasmussen is the owner and operator of Go44, a motivational consulting business.At the end of its accounting period, December 31, 2015, Go44 has assets of $720,000 and liabilities of 180,000. Using the accounting equation and considering each case in dependently , determine the following amounts.a. Annie Rasmussen , capital as of December 31, 2015b. Annie Rasmussen , capital as of December 31, 2016 assuming that assets increased by $96,500 and liabilities increased by $30,000 during 2016.c. Annie Rasmussen, capital as of December 31, 2016 assuming that assets decreased by $168,000 and liabilities increased by $ 15,000 during 2016.d. Annie Rasmussen, capital as of December 31, 2016, assuming that assets increased by $175,000 and liabilities decreased by $ 18,000 during 2016.e. Net income (or net loss) during 2016, assuming that as of December 31,2016 assets were $880,000, liabilities were $220,000, and there were no additional investments or withdrawals.
RECOMMENDED!!Annie Rasmussen is the owner and operator
How it works
- Paste your instructions in the instructions box. You can also attach an instructions file
- Select the writer category, deadline, education level and review the instructions
- Make a payment for the order to be assignment to a writer
- Download the paper after the writer uploads it
Will the writer plagiarize my essay?
You will get a plagiarism-free paper and you can get an originality report upon request.
Is this service safe?
All the personal information is confidential and we have 100% safe payment methods. We also guarantee good grades
Recent Comments