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Annie Rasmussen is the owner and operator of Go44, a motivational consulting business. At the...

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Accounting

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Annie Rasmussen is the owner and operator of Go44, a motivational consulting business. At the end of its accounting period, December 31, 2015, Go44 has assets of $720,000 and liabilities of $180,000. Using the accounting equation arid considering each case independently, determine the following amounts: Annie Rasmussen, capital, as of December 31, 2015. Annie Rasmussen, capital, as of December 31, 2016, assuming that assets increased by $96, 500 and liabilities increased by $30,000 during 2016. Annie Rasmussen capital, as of December 31, 2016, assuming that assets decreased by $168,000 and liabilities increased by $15,000 during 2016 Annie Rasmussen, capital, as of December 31, 2016, assuming that assets increased by $175,000 and liabilities decreased by $18,000 during 2016 Net income (or net loss) during 2016, assuming that as of December 31, 2016, assets were $880,000 liabilities were $220,000, and there were no additional investments or withdrawals

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