1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Otrada [13]
3 years ago
11

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.

Mathematics
1 answer:
anygoal [31]3 years ago
6 0

(a)  The statement of owner's equity for Year 1  is $26,920

(b)  The statement of owner's equity for Year  2 is $52,720

(a) Preparation of  the statement of owner's equity for Year 1 at its December 31 year end.

JARVIS statement of owner's equity for year ended December 31 Year 1  

Owner investment  $12,400

Add Net income $ 33,600

Less Jarvis, Withdrawals ($ 19,080)

Statement of owner's equity for Year 1 $26,920

(b) Preparation of  the statement of owner's equity for Year 2 at its December 31 year end.

JARVIS statement of owner's equity for year ended December 31 Year 2

Owner investment $12,400

Add Net income  $ 56,000

Less  Jarvis, Withdrawals  $ 15,680

Statement of owner's equity for Year 2 $52,720

Learn more here:.

brainly.com/question/17062268

You might be interested in
Ignore my work but solve the problem and check. Thank you!!
Free_Kalibri [48]
Yes good job you are correct
8 0
2 years ago
Can someone pls me help
olga nikolaevna [1]
<h3>♫ - - - - - - - - - - - - - - - ~Hello There!~ - - - - - - - - - - - - - - - ♫</h3>

➷ A standard deck of cards has 4 queens

4/52 = 0.0769

Therefore, your answer would be option C. 0.77

<h3><u>✽</u></h3>

➶ Hope This Helps You!

➶ Good Luck (:

➶ Have A Great Day ^-^

↬ ʜᴀɴɴᴀʜ ♡

3 0
3 years ago
Read 2 more answers
Write an equation for a rational function with:
bagirrra123 [75]
Making a fraction is the easiest way to do this.

The x-intercepts give solutions to a problem that equals zero.
0 = (x-5)(x+1)
The vertical asymptotes are values x cannot be, in a fraction the denominator can not be zero.
y = \frac{(x-5)(x+1)}{(x+4)(x-3)}
Horizontal asymptotes are the values y approaches. This can be accomplished by making the leading term have a coefficient of 6
y = \frac{6(x-5)(x+1)}{(x+4)(x-3)}


5 0
3 years ago
Hello, i need some help, thanks &lt;3​
Softa [21]

Answer:

Step-by-step explanation:

The whole thing is wrong

31 - 12 = x

X = 19

Hope this helped thanks.

8 0
3 years ago
Read 2 more answers
The first term of a geometric sequence is 3 and the multiplier, or ratio, is 5. what is the sum of the first 4 terms of the sequ
Aneli [31]
S4  = 3 * (5^4 - 1)
               ----------
                 5 - 1
      = 3 * 156
      = 468

4 0
3 years ago
Other questions:
  • A) Between x 2 and x 3, which function has a greater average rate of change than f(x)=1/6^-x
    10·1 answer
  • Suppose you have a dataset { x } = { x 1 , x 2 , x 3 , x 4 } consisting of 4 items. You know that x 1 = 25 and x 2 = − 15 and th
    8·1 answer
  • Can you please help me
    10·2 answers
  • Which square—large, medium, or small—covers more of the plane? In 2-3 sentences, explain your reasoning for choosing the large,
    5·1 answer
  • It seems simple but I need help
    13·1 answer
  • If the measure of AngleB is 40°, what measures can AngleA and AngleC be? Select the three correct answers. 20° and 30° 30° and 1
    8·2 answers
  • 59 + (h-11) I need it ASAP pls help
    11·1 answer
  • Please help me with this question
    11·2 answers
  • -"7x + 9 In the expresion show, which of the following is the coefficient?
    8·2 answers
  • Suppose a deposit of $ 2 , 000 in a savings account that paid an annual interest rate r (compounded yearly) is worth $ 2 , 209 a
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!