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Dean Corp Lawrence Co. Berger, Inc. Requirement 1. Compute the missing amount (7) for each company. Amounts of Beginning Assets Liabilities 775 45 Dean Corp

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Dean Corp Lawrence Co. Berger, Inc. Requirement 1. Compute the missing amount (7) for each company. Amounts of Beginning Assets Liabilities 775 45 Dean Corp Lawrence Co 45 15 Common stock 2 $ 5 8 Beginning Assets Liabilities Common stock Retained earnings 775 45 45 15 Retained earnings 2 25 7 2 5 30 25 75 Ending Assets Liabilities Common stock Retained earnings 63 5 25 47 21 2 $ 2 Ending Assets Lab Common stock Retained eaming 63 885 42 2 30 9 2 2 25 2 39 Income Statement Revenues Expenses Net Income 25 224 212 28 160 $ 7 Income statement Revenues Expenses Not income ? 224 212 186 160 12 26 7 Statement of retained earnings Beginning RE $ - Not Income Dividends declared $ Ending RE 30 $ ? (3) Statement of retained earnings Beginning RE 5 -Net income -Dividende $ -Ending RE 25 s 20 (20) 315 5 (3) 25 30 S 12 (3) 39 $ 26 (20) 39 $ 31

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