Missing Amounts from Balance Sheet and Income Statement Data One item is omitted in each...
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Accounting
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 $318,000 $368,900 $136,700 fill in the blank 1
Liabilities 190,800 191,800 103,900 $174,600
End of the year: Assets 394,300 516,500 123,000 360,800
Liabilities 171,700 162,300 109,400 197,900
During the year:
Additional issuance of capital stock fill in the blank 2 73,800 13,700 58,200
Dividends 22,300 22,100 fill in the blank 3 85,400
Revenue 104,900 fill in the blank 4 157,100 162,900
Expenses 57,200 95,900 168,100 186,200
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