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For each of the following cases, fill in the blank with the appropriate dollar amount il Exercises C 'E'Y'ni'i mm' in 3 Comp: Ui: retiOnnt

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For each of the following cases, fill in the blank with the appropriate dollar amount

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il Exercises C 'E'Y'ni'i mm' in 3 Comp": Ui: retiOnnt of coaches and Carriages' net income (or loss) for 2016 assuming that diVidenns nato ciur ! ing the year amounted to $10,000 and no additional contributions were made by the owners. 1 / Ex The Accounting Equation / For each Of the following cases, fill in the blank with the appropriate dollar amount. Case 1 Case 2 Case 3 Case 4 Totai assets, end of period $40,000 at $-- ' $75,000 $50,000 Total liabilities, end of period '- m 15,000 25,000 10,000 Capital stock, end of period . 10,000 5,000 20,000 15,000 Retained earnings, beginning of period 15,000 8,000 10,000 20,000 Net income for the period 8,000 7,000 9,000 Dividends for the period ZOOO LOOO 3,0.00 Exercise 1-8 Classification of Financial Statement Items Classifir each of the following items according to (1) Whether it belongs on the income statemm US) or balance shee (BS) and (2) Whether it is a revenue (R), expense (E), asset (A), iiiixiilr Him." 1. .. . . ., 1-1X

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