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Each of the following independent companies is missing numerical data. Required: Use your knowledge of the financial statement equations and their interrelationships to fill in
Each of the following independent companies is missing numerical data. Required: Use your knowledge of the financial statement equations and their interrelationships to fill in the missing amounts. Company Total Revenues Total Net Income Expenses (Loss) Total Assets. Total Liabilities Stockholders' Equity Vanilla Co. $ 60,700 S 81,050 $ 20,350 $ 100,600 $ 33,700 $ 66,700 Chocolate, Inc. 75,000 103,500 (28,600) 131,400 92,700 38,700 Strawberry Co. 30,700 10,350 20,350 60,700 40,350 20,350
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