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Exercise 1-11 (Video) Two items are omitted from each of the following summaries of balance sheet and income statement data for two proprietorships for the

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Exercise 1-11 (Video) Two items are omitted from each of the following summaries of balance sheet and income statement data for two proprietorships for the year 2020, Novak's Goods and Crane Enterprises. Determine the missing amounts. Novak's Crane Goods Enterprises Beginning of year: Total assets $152,636 $179,000 Total liabilities 117,946 $ (c) Total owner's equity (a) 111,008 End of year: Total assets Total liabilities Total owner's equity Changes during year in owner's equity: Additional Investment 222,016 166,512 55,504 249,768 69,380 180,388 (b) 34,690 51,341 (d) $ Drawings Total revenues Total expenses 305,272 242,830 138,760 83,256 Click if you would like to Show Work for this question: Open Show Work

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