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2 Enter the missing value to balance the equation. 42,000 4,000 10,00010,000 31,000 22,000 34,00041,000 36,000 11,000 27,000 41,000 + 12,0009,000 15,000 Using the expanded
2 Enter the missing value to balance the equation. 42,000 4,000 10,00010,000 31,000 22,000 34,00041,000 36,000 11,000 27,000 41,000 + 12,0009,000 15,000 Using the expanded accounting equation, calculate and enter the answers for each question. You will need to use the answers you calculate for beginning and ending equity to answer the rest of the questions. Liabilities Assets Beginning of Year $19.000 $26,000 End of Year: $62.000 $25,000 2) What is the equity at the end of the year? 1) What is the equity at the beginning of the year? Ending Equity Beginning Equity 3) If the company issues common stock of $7,200 and pay dividends of $38,400, how much 4) If net income is $3,000 and dividends are $9,300, how much is net income (loss)? common stock? Net Income (Loss) Common Stock 5) If the company issues common stock of $18,100 and net income is $17,900, how much 6) If the company issues common stock of $44,500 and pay dividends of $1,700, how much is net income (loss)? dividends? Dividends Net Income (Loss)
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