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determine the missing amounts assets-liabilities=owners equity=31,000 Determine the missing amounts. (Hint: For example, to solve for (a)Assets - Liabilities - Owner's equity = $ 31,000.)
determine the missing amounts
Determine the missing amounts. (Hint: For example, to solve for (a)Assets - Liabilities - Owner's equity = $ 31,000.) Blossom Company Crane Company Cullumber Company January 1 2022 Assets $78,000 $ 88,000 $ Liabilities 47,000 (d) 75,000 Owner's equity (a) 38,000 45,000 December 31, 2022 Assets (b) 105,000 170,000 Liabilities 58,000 70,000 (h) 48,000 78.000 Owner's equity Owner's equity changes in year Additional Investment 6,000 10,000 Owner's equity changes in year Additional investment (c) 6,000 10,000 Drawings 12.000 ( 12.000 Total revenues 348,000 405,000 (0) Total expenses 325,000 382.000 340,000 assets-liabilities=owners equity=31,000
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