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Q1 Use the following information to calculate for the year ended December 31, 2018 (a)...

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Q1 Use the following information to calculate for the year ended December 31, 2018 (a) net income (net loss), (b) ending owner's equity, and (c) total assets. Supplies $ 1.000 Revenues $23,000 Operating expenses 12,000 Cash 15,000 Accounts payable 9,000 Drawings 1,000 Accounts receivable 3,000 Notes payable 1,000 Beginning Capital 5,000 Equipment 6,000

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