Please help me X part th grade m Reload gnore This window sh

Please help me X part.

th grade m. Reload gnore This window shows your responses and what was marked correct and incorrect Company Company Company Company Company December 31, 2016 $42,000 $32,760 $26,880 $74,760 $114,660 Assets Liabilities 34,440 22,93214,515 51,584 December 31, 2017 85,540 129,720 23,011 15,43041,059 102,478 6,500 8,810 47,00033,848 4 Liabilities During year 2017 Owner investments Net income (loss) Owner cash withdrawals 3, s0e 2,e0e 5,875 6,000 1,400 9,750 11,090 7,200 14,305 Problem 1-2A Part 3 3. Compute the amount of assets for Company C on December 31, 2017 (Enter Losses an wherever required.) December 31, 2016 26 880 14,515S 12,365 14,51512,365 ent of Owner\'s E Equity, December 31, 2016 Add. Investment by Owner9,750 Less: Net loss 12,365 7,200 29,315 Less Withdrawals by Owner Equity, December 31, 2017 5,875 23440

Solution

Equity 12,365

Add: Investments by owner 9,750

Add: Net income 7,200

29,315

Less: Withdrawal 5,875

Equity Dec 2017 23,440

Your answer is almost correct only mistake made is you have written net loss, it should be net income and should be added. Thanks!