How do you find Equity and Liabilities for Company A using this information?

Assets- 45,000

During year 2011
Owner investments 6,000
Net income (loss) 10,190
Owner cash withdrawals

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Originally Posted by cookk336

How do you find Equity and Liabilities for Company A using this information?

Assets- 45,000

During year 2011
owner investments 6,000
net income (loss) 10,190
owner cash withdrawals

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it's not hard

equity = 6000-10190 = -4190
assets = 45000
liabilities = 45000-4190

you need to do more thinking and less asking