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Determine the missing amounts. (Hint: For example, to solve for (a), Assets - Liabilities = Owner's equity = $29,460.) Beta Sheridan Company Psi Company Company
Determine the missing amounts. (Hint: For example, to solve for (a), Assets - Liabilities = Owner's equity = $29,460.) Beta Sheridan Company Psi Company Company January 1, 2017 Assets $78,650 $92,510 $ (g) Liabilities 49,190 (d) 83,780 (a) 39,510 51,060 Owner's equity December 31, 2017 Assets (b) 108,800 174,000 Liabilities 58,540 71,250 (h) 51,640 (e) 80,410 Owner's equity Owner's equity changes in year Additional investment (c) 7,390 10,990 Drawings 15,720 (f) 12,190 Total 348,900 415,500 (i) revenues Total expenses 332,300 385,600 346,300 Omega Company 9151,100 (i) 85,850 (k) 103,700 147,600 17,780 11,330) 489,100 (1)
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