Solve the Following System of Equations Algebraically

question 53

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Solve the following system of equations algebraically.(If the system does not have a solution,then say so or if it has more than one unique solution,then please describe the solutions.)

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Definitions:

Revenue Account(s)

Accounts that track the income generated from the sale of goods or provision of services before any expenses are deducted.

J. Higgins, Withdrawals

The amount of money withdrawn by J. Higgins from a business for personal use, affecting the owner's equity.

M. Sims Capital

An account representing the owner’s equity or the funds contributed by and belonging to the owner of a company.