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Exercise 2-28 (Algo) Analyzing changes in a company's equity LO P1 Compute the missing amount for each of the following separate companies. (Losses and amounts
Exercise 2-28 (Algo) Analyzing changes in a company's equity LO P1 Compute the missing amount for each of the following separate companies. (Losses and amounts to be deducted should be indicated with a minus sign.) CBS ABC CNN NBC Equity, beginning of year S O S 0 S 0 0 Owner investments during the year 104,500 94,408 214,807 Owner withdrawals during the year (54,000) (10,000) (55,000) Net income (loss) for the year 100,500 49.305 (4,000) Equity, end of year S 106,500 S 103,305 S 114,807
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