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Missing Amounts from Balance Sheet and Income Statement Data One item is omitted in each...

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Accounting

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Missing Amounts from Balance Sheet and Income Statement Data One item is omitted in each of the following summaries of balance sheet and income statement data for the following four different corporations: Determine the missing amounts. Hint: First determine the amount of increase or decrease in stockholders' equity during the year. Freeman Heyward Jones Ramirez Beginning of the year: Assets $496,000 $580,300 $213,300 Liabilities 297,600 301,800 162,100 $272,300 End of the year: Assets 812,400 192,000 615,000 267,800 562,700 308,600 Liabilities 255,300 170,600 During the year: Additional issuance of capital stock 116,100 21,300 90,800 Dividends 34,700 34,800 133,100 Revenue 163,700 245,400 254,000 Expenses 89,300 150,900 262,400 290,400

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