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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
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)
Equity, beginning of year 0, 0. 0, 0 CBS ABC CNN NBC
Owner investments during the year $105,500 ? $95,163 $215,885
Dividends during the year ? (53,000) (11,000) (54,000)
Net income (loss) for the year $ 101,500 $ 51,275 (3000) ?
Equity, end of year $107,500 $104,275 ? $115,885
Please explain how to get the answers.
I texted a photo of this problem to Chegg.
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