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Exercise 1-11 Two items are omitted from each of the following summaries of balance sheet and income statement data for two corporations for the year
Exercise 1-11
Two items are omitted from each of the following summaries of balance sheet and income statement data for two corporations for the year 2014, Steven Craig and Georgia Enterprises.
Determine the missing amounts.
Steven
Craig
Georgia
Enterprises
Beginning of year:
Total assets $97,000 $129,000
Total liabilities 85,000 (c)
Total stockholders
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