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Case 1 Case 2 Case 3 Case 4 Total assets, end of period $40,000 ? $75,000 $50,000 Total liabilities, end of period ? 15,000 25,000
| Case 1 | Case 2 | Case 3 | Case 4 | |||
| Total assets, end of period | $40,000 | ? | $75,000 | $50,000 | ||
| Total liabilities, end of period | ? | 15,000 | 25,000 | 10,000 | ||
| Capital stock, end of period | 10,000 | 5,000 | 20,000 | 15,000 | ||
| Retained earnings, beginning of pd. | 15,000 | 8,000 | 10,000 | 20,000 | ||
| Net income for the period | 8,000 | 7,000 | ? | 9,000 | ||
| Dividends for the period | 2,000 | 1,000 | 3,000 | ? | ||
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Global Financial Accounting And Reporting Principles And Analysis
Authors: Peter Walton, Walter Aerts
4th Edition
1473729521, 9781473729520
