A: asset E: Equity

a/ E10= A10-L10=45000-23500=21500
b/ E11= E10 + Owner invest + net income - withdrawals = 21500 + 5000+ 7500- 2500= 31500

C/ L11=A11-E11=48000-31500=16500
company B

a/ E10=A10-L10=35000-22500=12500

B/ E11= A11 - L11= 41000-27500= 13500

C/NETINCOM=E11-E10-
OINVEST+WITHDRW = 13500 - 12500 -
1500 + 3000= 2500

3) A11=E11+L11=E10+Eduring11+L11=(29000-14000)+(7750+9000-3875)+19000=46875

4) Oinvest11=Eduring11+Owithdraw-NetIncome=(E11-E10)+Owithdraw-NetIncome=(125000-64000-(80000-38000))+0-12000=

5) END EQ 11 (112500-75000) = BEGIN EQ 11 (123000-L10) + DURING EQ 11 (4500+18000-9000)

 L: Liabilities End bal= Begin bal + During year
End Equity=Begin Equity (21500) + During yr [O.C-O.W+NI]

000+ 7500- 2500= 31500

0-3875)+19000=46875

raw-NetIncome=(125000-64000-(80000-38000))+0-12000=7000

RING EQ 11 (4500+18000-9000)
0) + During yr [O.C-O.W+NI]