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Determine the missing amounts. Assume all changes in stockholders' equity are due to changes in retained earnings. Walco Corporation Gunther Enterprises Beginning of year Total
Determine the missing amounts. Assume all changes in stockholders' equity are due to changes in retained earnings. Walco Corporation Gunther Enterprises Beginning of year Total assets $114,000 $155,000 Total liabilities 63,000 $ Total stockholders' equity (a) 73.700 End of year Total assets 177,000 Total liabilities 115,000 56,000 Total stockholders' equity 51,000 $ Changes during year in retained earnings Dividends 4,000 Total revenues 219,000 $ Total expenses 167,000 81,000 1000
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