Business, 11.09.2019 01:30, gabe2075

Megan newell is the owner and operator of ultima llc, a motivational consulting business.
at the end of its accounting period, december 31, 2013, ultima has assets of $942,000 and
liabilities of $584,000. using the accounting equation, determine the following amounts:
a. owner's equity as of december 31, 2013.
b. owner's equity as of december 31, 2014, assuming that assets increased by $113,000
and liabilities increased by $44,000 during 2014.

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Megan newell is the owner and operator of ultima llc, a motivational consulting business.
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