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For each of the companies, determine the missing amounts (?) Emerald Co. Lally, Inc. Bailey Corp. Beginning Assets Liabilities Common stock Retained earnings 76 $
For each of the companies, determine the missing amounts ("?") Emerald Co. Lally, Inc. Bailey Corp. Beginning Assets Liabilities Common stock Retained earnings 76 $ 49 2 35 23 6 6 3 4 17 Ending 55 $ Assets Liabilities Common stock 26 51 35 2 4 Common stock.. . 2 4 Retained earnings 31 Income statement 224 214 38 Revenues Expenses Net income 150 Statement of retained earnings Beginning RE 25 $ 17 + Net income 26 7 (21) Dividends .._ . . . . 31 $ 11 $ 20 Endina RE
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