Need help with problems 3, 4, and 5. http://img197.imageshack.us/img197/7364/rsz

Question

Need help with problems 3, 4, and 5.

http://img197.imageshack.us/img197/7364/rsz001.jpg

Thats pic of scanned problems.

This is the chart from the page with all the numbers filled in, but I need to show the math and calculations to get those missing numbers. It's problems 3, 4 and 5.

December 31, 2010:
Assets: $45,000, $35,000, $29,000, $80,000, $123,000
Liabilities: $23,500, $22,500, $14,000, $38,000, $99,000

December 31, 2011:
Assets: $48,000, $41,000, $46,875, $125,000, $112,500
Liabilities: $16,500, $27,500, $19,000, $64,000, $75,000

Equity Dec 31, 2010: $21,500, $12,500, $15,000, $42,000, $24,000
During year 2011:
+ Owner investments: $5,000, $1,500, $7,750, $7,000, $4,500
+ Net income (loss): $7,500, $2,500, $9,000, $12,000, $18,000
- Owner cash withdrawals: $2,500, $3,000, $3,875, $0, $9,000

Explanation / Answer

dear just use this link there is a complete answer http://www.accountingcoach.com/online-accounting-course/14Xpg06.html

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