Assets Liabilities Beginning of Year: $26,000 $19,000 End of Year: $61,000 $29,000 1) What is the equity at the beginning of the year? 2) What is the equity at the end of the year?   3) If the company issues common stock of $8,300 and pay dividends of $38,100, how much is net income (loss)?

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A: Please see the next step for the solution

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A: Since, Basic accounting equation is Total assets = Total liabilities + Total equity

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A: As per the guidelines we can provide ans of 3 part only i.e(1, 2 ,3). For remaining question post…

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A: Profit= Closing equity-issue of stock-opening equity+dividend

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A: Formula: Net profit = Total revenues - Total expenses

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A: As posted multiple sub parts we are answering only first three sub parts kindly repost the…

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A: Given: Ending balance = P70,000 Investment = P30,000 With drawls = P50,000 Beginning balance =…

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A: Formula: Total Assets = Current Assets + Non current Assets. Sum of both current and non current…

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A: Compute the amount of common stock:

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A: Ending Total Assets = P65,000 Ending Total Liabilities = P40,000 Ending Total Equity = P25,000…

Q: how do you calculate revenue (see image attatched)  answer is C

A: Retained earnings are that part of profit which is reinvested in the business. It is the amount left…

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A: Equity at the end can be calculated by adding up net income into the beginning equity balance.

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A: Ending equity = Beginning equity + Net income + Additional investment - Withdrawals So Net income =…

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Q: 11. At the beginning of the year, an Entity had total assets of P700,000 and total liabilities of…

A: Beginning Total Liabilities + Beginning Owners' Equity = Beginning Total Assets Beginning Owners'…

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A: The following Information Given: 1. Equity at start of year 116,0002. Expenses 118,0003. Current…

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A: Please see Step 2 for the required information.

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Q: Assets Liabilities Beginning of Year: $26,000 $19,000 End of Year: $61,000 $29,000 1. If…

A: Requirement 1: Compute the common stock issued.

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A: Note: Since you have posted a question with multiple sub-parts, we will solve first three subparts…

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A: The bond and the income data of two companies is given to us. Based on the data, we are required to…

Financial Transaction Analysis

The transaction analysis is done with the help of the accounting equation. The basic accounting equation is alternatively known as the balance sheet equation is based on the double-entry system which says that for each transaction happening in a business, at least two accounts should be affected I.e. both the debit side and the credit side should be equal. The Accounting Equation is