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    Georgia1978's Avatar
    Georgia1978 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jan 24, 2017, 06:42 PM
    4. Calculate the amount of owner investments for Company D during year 2013.
    Company
    A    		 Company
    B    		 Company
    C    		 Company
    D    		 Company
    E
    December 31, 2012
    Assets $ 31,000 $ 24,180 $ 19,840 $ 55,180 $ 84,630
    Liabilities 25,420 16,926 10,713 38,074 ?
    December 31, 2013
    Assets 34,000 24,480 ? 61,880 93,840
    Liabilities ? 16,646 11,162 29,702 74,133
    During year 2013
    Owner investments 6,000 1,400 9,750 ? 6,500
    Net income (loss) 7,220 ? (1,384) 8,072 7,281
    Owner cash withdrawals 3,500 2,000 5,875 0 11,000
    smoothy's Avatar
    smoothy Posts: 25,490, Reputation: 2853
    Uber Member
    		  
    #2

    Jan 24, 2017, 07:14 PM
    You forgot to cut and paste your answers to your homework assignment like the site rules require before we can help since we don't do homework for you.
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
    Ultra Member
    		  
    #3

    Jan 24, 2017, 09:44 PM
    What part of assets minus liabilities equals equity do you not understand?
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