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By my understanding I have done the calculations correctly... how are these two answers incorrect? Compute the missing amount for each of the following separate
By my understanding I have done the calculations correctly... how are these two answers incorrect?
Compute the missing amount for each of the following separate companies in columns B through E. (Losses and amounts to be deducted should be indicated with a minus sign.) Answer is complete but not entirely correct. CBS ABC CNN NBC $ 0 $ 0 $ 0 $ 0 91,000 84,215 Equity, beginning of year Owner investments during the year Dividends during the year Net income (loss) for the year Equity, end of year 85,000 X 87,000 93,000 108,000 (54,000) 36,210 90,210 (10,000) (4,000) 70,215 200,254 (55,000) 45,000 X 100,254 $ $Step by Step Solution
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