Company A 3 Assets Liabilities End of year Company B Company C Company D Company E...
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Company A 3 Assets Liabilities End of year Company B Company C Company D Company E Beginning of year $31,000 25,420 $24,180 $19,840 16,926 10,713 $55,180 38,074 $84,630 ? Assets 36,000 25,920 ? Liabilities ? 17,625 11,818 65,520 31,449 99,360 78,494 12 Changes during the year Stock issuances 6,000 1,400 9,750 ? 6,500 points Skipped Net income (loss) 8,120 ? 5,900 9,965 8,440 Cash dividends 3,500 2,000 5,875 0 11,000 Print References Problem 1-2A (Algo) Part 2 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. What is net income for the year for Company B? Complete this question by entering your answers in the tabs below. Required 2A Required 2B Required 2C What is net income for the year for Company B? Statement of Shareholder's Equity Equity, beginning of year Equity, end of year 0 Company A 3 Assets Liabilities End of year Company B Company C Company D Company E Beginning of year $31,000 25,420 $24,180 $19,840 16,926 10,713 $55,180 38,074 $84,630 ? Assets 36,000 25,920 ? Liabilities ? 17,625 11,818 65,520 31,449 99,360 78,494 12 Changes during the year Stock issuances 6,000 1,400 9,750 ? 6,500 points Skipped Net income (loss) 8,120 ? 5,900 9,965 8,440 Cash dividends 3,500 2,000 5,875 0 11,000 Print References Problem 1-2A (Algo) Part 2 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. What is net income for the year for Company B? Complete this question by entering your answers in the tabs below. Required 2A Required 2B Required 2C What is net income for the year for Company B? Statement of Shareholder's Equity Equity, beginning of year Equity, end of year 0
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