Ahmad Jiwa is an entrepreneur who manages the "One Soul" mini market. At the end accounting period December 31, 2021, Satu Jiwa has assets of IDR 250,000,000 and liabilities 150.000.000. Required: Using the accounting equation, calculate the amount: 1. Owner's equity, as of December 31, 2021? 2. Owner's equity, on December 31, 2022, assuming assets decrease by Rp. 20,000,000 and liabilities increase by IDR 25,000,000 during 2022?
Ahmad Jiwa is an entrepreneur who manages the "One Soul" mini market. At the end accounting period December 31, 2021, Satu Jiwa has assets of IDR 250,000,000 and liabilities 150.000.000. Required: Using the accounting equation, calculate the amount: 1. Owner's equity, as of December 31, 2021? 2. Owner's equity, on December 31, 2022, assuming assets decrease by Rp. 20,000,000 and liabilities increase by IDR 25,000,000 during 2022?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Ahmad Jiwa is an entrepreneur who manages the "One Soul" mini market. At the end accounting period December 31, 2021, Satu Jiwa has assets of IDR 250,000,000 and liabilities 150.000.000.
Required: Using the accounting equation , calculate the amount:
1. Owner's equity, as of December 31, 2021?
2. Owner's equity, on December 31, 2022, assuming assets decrease by Rp. 20,000,000 and liabilities increase by IDR 25,000,000 during 2022?
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