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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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