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eBook Show Me How Missing Amounts from Balance Sheet and Income Statement Data One item is omitted in each of the following summaries of balance

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eBook Show Me How Missing Amounts from Balance Sheet and Income Statement Data One item is omitted in each of the following summaries of balance sheet and income statement data for the following four different corporations: Determine the missing amounts. Hint: First determine the amount of increase or decrease in stockholders' equity during the year. Freeman Heyward Jones Ramirez Beginning of the year: Assets $407,400 $476,700 $171,100 38,900 X Liabilities 244,400 247,900 130,000 $229,200 End of the year: Assets 505,200 667,400 154,000 473,600 Liabilities 220,000 209,700 136,900 259,700 During the year: Additional issuance of capital stock 95,300 17,100 76,400 Dividends 28,500 28,600 112,000 Revenue 134,400 196,800 213,900 Expenses 73,300 123,900 210,500 244,500 Feedback Check My Work Freeman: First, determine the change in stockholders' equity from the beginning to the end of the year. Heyward: Rearrange the following equation using the information available: Beginning Stockholders' Equity + Investments - Dividends + Revenue - Expenses = Ending Stockholders' Equity. Check My Work Previous Next >

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