Exercise 3-6 Analyzing changes in equity [LO3] Compute the missing amount in eac

Question

Exercise 3-6 Analyzing changes in equity [LO3] Compute the missing amount in each of the following separate companies a through d. (Amounts in parentheses do not require a minus sign in front of them. Omit the "$" sign in your response.) (a) (b) (c) (d) Equity, December 31, 2009 $ 0 $ 0 $ 0 $ 0 Owner investments during the year 109,500 83,083 198,637 Owner withdrawals during the year ( ) (54,000 ) (8,000 ) (54,000 ) Net Income (loss) for the year 31,500 81,000 (6,000 ) ( ) Equity, December 31, 2010 $ 91,500 $ 88,755 $ $ 98,637

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