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Required information [The following information applies to the questions displayed below.) The following financial statement...

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Accounting

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Required information [The following information applies to the questions displayed below.) The following financial statement information is from five separate companies. Company Company Company A B Company D Company E $ 48,000 39,360 $37,440 26,208 $30, 720 16,588 $ 85, 440 58,953 $ 131,040 ? December 31, 2018 Assets Liabilities December 31, 2019 Assets Liabilities During year 2019 Stock issuances Net income (loss) Cash dividends 53,000 2 38,160 25,948 ? 17,399 96, 460 46,300 146,280 115,561 6,000 12,710 3,500 1,400 ? 2,000 9,750 6,700 5,875 ? 16,673 0 6,500 9,011 11,000 Required: 1a. What is the amount of equity on December 31, 2018 for Company A. Assets Liabilities $ 48,000 = $ 39,360 Equity 8,640 $ 1b. What is the amount of equity on December 31, 2019 for Company A. Statement of Shareholder's Equity Equity, December 31, 2018 $ 8,640 Add: Net income 12,710 Add: Stock issuances 6,000 27,350 Less: Cash dividends (3,500) Equity, December 31, 2019 23,850 1c. What is the amount of liabilities on December 31, 2019 for Company A. Assets $ 53,000 Liabilities $ 30,790 + Equity 22,210 II $

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