Two items are omitted from each of the following summaries of statement of financial position...
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Accounting
Two items are omitted from each of the following summaries of statement of financial position and income statement data for two companies for the year ABC Company, and XYZ Company. ABC Company XYZ Company Beginning of the year Total Assets $ $ Total Liabilities $ Total Equity $ End of the year Total Assets $ $ Total Liabilities $ $ Total Equity $ $ Changes during the year Additional Investment $ Dividends $ Total Revenues $ $ Total Expenses $ $ Based on the above table, answer the following questions: What is the value of the equity for ABC Company at the beginning of the year? Answer What is the value of the liabilities for XYZ Company at the beginning of the year? Answer What is the value of the additional investment made at ABC Company Answer What is the amount of dividends that had been paid by XYZ Company? Answer
Two items are omitted from each of the following summaries of statement of financial position and income statement data for two companies for the year ABC Company, and XYZ Company.
ABC Company XYZ Company
Beginning of the year
Total Assets $ $
Total Liabilities $
Total Equity $
End of the year
Total Assets $ $
Total Liabilities $ $
Total Equity $ $
Changes during the year
Additional Investment $
Dividends $
Total Revenues $ $
Total Expenses $ $
Based on the above table, answer the following questions:
What is the value of the equity for ABC Company at the beginning of the year? Answer
What is the value of the liabilities for XYZ Company at the beginning of the year? Answer
What is the value of the additional investment made at ABC Company Answer
What is the amount of dividends that had been paid by XYZ Company? Answer
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