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Determine the missing amounts. (Hint: For example, to solve for (a), Assets - Liabilities Owner's equity = $33,380.) Wildhorse Company Beta Company January 1, 2017
Determine the missing amounts. (Hint: For example, to solve for (a), Assets - Liabilities Owner's equity = $33,380.) Wildhorse Company Beta Company January 1, 2017 Psi Company Assets $80,610 $89,580 Liabilities 47,230 (d) 77,550 (a) 38,710 Owner's equity December 31, 2017 53,060 Assets (b) 112,700 189,000 Liabilities 60.990 74,820 (h) 48.720 (e) Owner's equity Owner's 82,910 December 31, 2017 Assets (b) 112,700 189,000 Liabilities (h) 60,990 74,820 48,720 (e) 82,910 Owner's equity Owner's equity changes in year Additional investment (c) 7.990 10.810 12.290 Drawings 14.580 Total 350.800 418.200 revenues 350.700 331.200 387,200 Total expenses
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