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5. Calculate the amount of liabilities for Company E on December 31, 2014 December 31, 2015 Assets = Liabilities + $ 124,200 = $ 98,118
5. Calculate the amount of liabilities for Company E on December 31, 2014 December 31, 2015 Assets = Liabilities + $ 124,200 = $ 98,118 + Required Information Equity $ 26,082 The following financial statement information is from five separate companies Company Company Company Company Company A B C D E December 31, 2014 Equity, December 31, 2014 Add: Stock issuances Add: Net income 6,500 42.000 32760 $26.880 7 650 $ 74,760 Assets $ 114,660 34.440 22.932 14,150 11,000 26.082 14,515 Less: Dividends Equity, December 31, 2015 51584 $ December 31, 2015 45,000 32.400 Assets ? 81,900 24.200 22.032 Liabilities 14.773 39,312 98,118 During year 2015 Stock issuances Net income foss) Cash dividends 6,000 10,190 3,500 1,400 ? 2,000 9.750 (863) 5,875 6,500 7.650 12,412 0 11,000 December 31, 2014 Assets $ 114,660 - Equity Liabilities - 5 114,650 + References eBook & Resources
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