An analysis of the transactions made by R&H Blacke Co. a tax firm for the month of July is shown below. Each increase and decrease in owner's equity is explained. 
(a) Determine how much owner's equity increased for the month.
(b) Compute the amount of net income for the month.
Definitions:
Incorrect Comment
A statement or remark that is not accurate or correct within a specific context.
Facilitator
A person or thing that makes an action or process easy or easier.
Summary
A brief statement or account that presents the main points of a larger piece of work.
Change Talk
Conversations or dialogue encouraging individuals to express their desire, ability, reasons, or need for making behavioral changes, often used in motivational interviewing.
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