Airy,Inc.began business January 1,2011.Show the effect of the following 2011 events on the accounting equation:
Part A: Write in the amount (even if $0)as of or for the Year Ended December 31,2011,AND the name of the financial statement where the line item is found. Part B:
Continuing from Part A,show the effect on the accounting equation of the 2012 events for Airy,Inc.: Write in the amount (even if $0)as of or for the Year Ended December 31,2012,AND the name of the financial statement where the line item is found.

Question

Airy,Inc.began business January 1,2011.Show the effect of the following 2011 events on the accounting equation:
Part A:  Write in the amount (even if $0)as of or for the Year Ended December 31,2011,AND the name of the financial statement where the line item is found.  Part B:
Continuing from Part A,show the effect on the accounting equation of the 2012 events for Airy,Inc.:  Write in the amount (even if $0)as of or for the Year Ended December 31,2012,AND the name of the financial statement where the line item is found.

Quizplus · Accepted Answer

The Answer of Airy,Inc.began business January 1,2011.Show the effect of the following 2011 events on the accounting equation:
Part A:  Write in the amount (even if $0)as of or for the Year Ended December 31,2011,AND the name of the financial statement where the line item is found.  Part B:
Continuing from Part A,show the effect on the accounting equation of the 2012 events for Airy,Inc.:  Write in the amount (even if $0)as of or for the Year Ended December 31,2012,AND the name of the financial statement where the line item is found.

Airy,IncBegan Business January 1,2011