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(a) Your answer is partially correct. Determine the missing amounts. (Hint: For example, to solve for (a), Assets - Liabilities = Owner's equity = $31,000.)
(a) Your answer is partially correct. Determine the missing amounts. (Hint: For example, to solve for (a), Assets - Liabilities = Owner's equity = $31,000.) Cullumber Company January 1, 2022 Assets Blossom Company $81,000 $90,000 Liabilities 50,000 48000 (d) Owner's equity 31000 (a) 42,000 December 31, 2022 Assets 111000 (b) 106,000 Crane Company 128000 (g) 78,000 50,000 184,000 Liabilities 59,000 70,000 103000 (h) Owner's 52,000 36000 (e) 81,000 equity Owner's equity changes in year Additional 10000 (c) 7,000 10,500 investment Drawings 17,000 33000 (f) 12,000 Total 349,000 405,000 391500 (i) revenues Total 321,000 385,000 359,000 expenses eTextbook and Media Save for Later Attempts: 1 of 5 used Submit Answer 2/assessment-player/index.html?launchld=d034d00c-cde9-4597-b5aa-b40118106198#/questi... Your answer is correct. Determine the missing amounts. (Hint: For example, to solve for (a), Assets Liabilities - Owner's equity = $31,000.) er ly Blossom Company $81,000 $90,000 50,000 48000 (d) 31000 (a) 42,000 11000 (b) 106,000 59,000 70,000 Crane Company 128000 78,000 Sandhill Company $154,000 59000 (i) 50,000 95,000 184,000 103000 52,000 36000 (e) 81,000 10000 (c) 7,000 17,000 33000 (f) 349,000 405,000 (4) 258000 107,000 151,000 10,500 17,000 12,000 10,000 391500 (i) 488,000 321,000 385,000 359,000 (b) eTextbook and Media (k) 439000 (1) Attempts: 2 of 5 used Prepare the owner's equity statement for Cullumber Company. (List items that increase owner's equity first.) < CULLUMBER COMPANY Owner's Equity Statement < $ : < eTextbook and Media Save for Later Attempts: 0 of 5 used Submit
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