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Exercise 1-11 Two items are omitted from each of the following summaries of balance sheet and income statement data Enterprises. Determine the missing amounts. Swifty

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Exercise 1-11 Two items are omitted from each of the following summaries of balance sheet and income statement data Enterprises. Determine the missing amounts. Swifty Corporation Blue Spruce Enterprises Beginning of year: Total assets $100,880 $134,160 Total liabilities 88,400 (c) (a) 78,000 Total stockholders' equity End of year: Total assets Total liabilities Total stockholders' equity Changes during year in stockholders' equity: Additional investment 166,400 124,800 41,600 187,200 52,000 135,200 (b) 26,000 Dividends 24,960 (d) Total revenues 223,600 182,000 Total expenses 104,000 57,200

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