Question
Calculate the ending equity for each of these three companies 12/31/20X1 (beginning box 1 equity) Assets Liabilities 31,000 25,420 15 19,840 84,630 10,713 ?
Calculate the ending equity for each of these three companies 12/31/20X1 (beginning box 1 equity) Assets Liabilities 31,000 25,420 15 19,840 84,630 10,713 ? 12/31/20X2 Assets 36,000 Liabilities ? ? 99,360 11,818 78,494 enter answers to grey boxes in box 3 below Events During year 2 Stock issuances 6,000 9,750 6,500 Net income 8,120 5,800 8,440 Cash dividends 3,500 5,875 11,000
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Get StartedRecommended Textbook for
International Financial Reporting and Analysis
Authors: David Alexander, Anne Britton, Ann Jorissen
5th edition
978-1408032282, 1408032287, 978-1408075012
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