Jarvis began operations on January 1, Year 1 with an owner investment of $12,400. There have been no additional owner investment
s. In its first two years of operations, it reported the following at its December 31 year-end.
Year 1 Year 2
Net income $ 33,600 $ 56,000
Jarvis, Withdrawals $ 19,080 $ 15,680
(a) Prepare the statement of owner's equity for Year 1 at its December 31 year end.
(b) Prepare the statement of owner's equity for Year 2 at its December 31 year end.
Year 1 Year 2
Net income $ 33,600 $ 56,000
Jarvis, Withdrawals $ 19,080 $ 15,680
(a) Prepare the statement of owner's equity for Year 1 at its December 31 year end.
(b) Prepare the statement of owner's equity for Year 2 at its December 31 year end.
1 answer:
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2.) here,in the case of a Reactangle the relation is such that, length = 2* breadth,
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x = 2*4.5 ===> x = 9 units.