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5 ints eBook Print References The following financial statement information is from five separate companies. Beginning of year Assets Liabilities End of year Assets
5 ints eBook Print References The following financial statement information is from five separate companies. Beginning of year Assets Liabilities End of year Assets Liabilities Changes during the year Stock issuances Net income (loss) Cash dividends Required 2A Required 2B Required 2C Less: Cash dividends Equity, end of year $ Company A $ $ 43,000 35,260 Compute the net income of the year for Company B. Equity, beginning of year Add: Stock issuances Add: Net Income 10,062 1,400 48,000 31,184 2,000 11,060 6,000 11,360 3,500 Complete this question by entering your answers in the tabs below. ? 2a. What is the amount of equity at the beginning of the year for Company B? 2b. What is the amount of equity at the end of the year for Company B? 2c. Compute the net income of the year for Company B. Company B $ 33,540 23,478 < Required 2B 34,560 23,500 1,400 ? 2,000 Company C $ 27,520 14,860 ? 15,758 9,750 5,100 5,875 Required 2C S Company D $ 76,540 52,812 87,360 41,932 ? 14,700 0 Company E $ 117,390 ? 132,480 104,659 6,500 8,843 11,000
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