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Problem 1-2A (Static) Computing missing information using accounting knowledge LO A1 [The following...

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Accounting

Problem 1-2A (Static) Computing missing information using accounting knowledge LO A1
[The following information applies to the questions displayed below.]
The following financial statement information is from five separate companies.
\table[[,Company A,Company B,Company C,Company D,Company E],[Beginning of year,,,,,],[Assets,55,000,$34,000,$24,000,$60,000,$119,000],[Liabilities,24,500,21,500,9,000,40,000,],[End of year,,,,,],[Assets,58,000,40,000,85,000,113,000,],[Liabilities,,26,500,29,000,24,000,70,000],[Changes during the year,6,000,1,400,9,750,?,6,500],[Owner investments,8,500,2,0,8,000,14,000,20,000],[Net income (loss),3,500,2,000,5,875,0,11,000],[Owner withdrawals,,,,,]]
Problem 1-2A (Static) Part 5
5. Compute the amount of liabilities for Company E at the beginning of the year.
\table[[End of Year,,,,],[Assets,=,Liabilities,+,Equity],[,=,,,]]
Statement of Owner's Equity
Equity, beginning of year
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