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Activity \( 4 . b \) - Using the Expanded Accounting Equation Using the expanded accounting equati ...
Activity \( 4 . b \) - Using the Expanded Accounting Equation Using the expanded accounting equation, calculate and enter the answers for each question. You will need to use the answers you calculate for beginning and ending equity to answer the rest of the questions. 1) What is the equity at the beginning of the year? 2) What is the equity at the end of the year? Beginning Equity Ending Equity 3) If the company issues common stock of \( \$ 8,200 \) and pay dividends of \( \$ 42,400 \), 4) If net income is \( \$ 3,600 \) and dividends are \( \$ 9,600 \), how much is common how much is net income (loss)? stock? Net Income (Loss) Common Stock 5) If the company issues common stock of \( \$ 15,500 \) and net income is \( \$ 19,700 \), how 6) If the company issues common stock of \( \$ 43,300 \) and pay dividends of much is dividends? \( \$ 2,100 \), how much is net income (loss)? Dividends Net Income (Loss)