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The accounting records of Nettle Distribution show the following assets and liabilities as of December for Year and Year
December Year Year
Cash $ $
Accounts receivable
Office supplies
Office equipment
Trucks
Building
Land
Accounts payable
Note payable
Compute net income for Year by comparing total equity amounts for these two years and using the following information: During Year the owner invested $ additional cash in the business in exchange for Compute net income for Year by comparing total equity amounts for these two years and using the following information: During Year the owner invested $ additional cash in the business in exchange for common stock, and the company paid a $ cash dividend.
