Question
January 1, 2017 assets are $80,990, liabilities are $49,200, beginning owners equity is $31,790. Then on December 31, 2017 assets are $111,320, liabilities are $61,580,
- January 1, 2017 assets are $80,990, liabilities are $49,200, beginning owners equity is $31,790. Then on December 31, 2017 assets are $111,320, liabilities are $61,580, ending owners equity is $49,740.
Owners equity changes in year:
Drawings $16,470, total revenues $350,400, and total expenses are $332,200. What would additional investments be?
- January 1, 2017 assets are $92,140, liabilities are $51,420, beginning owners equity is $40,720. Then on December 31, 2017 assets are $107,900, liabilities are $71,510, and ending owners equity is $36,390.
Owners equity changes in year:
Additional investment $9,010, total revenues $408,800, and total expenses $385,900. What would drawings be?
- January 1, 2017 assets are $124,500, liabilities are $75,040, beginning owners equity is 49,210. Then on December 31, 2017 assets are $182,800, liabilities are $102,190, ending owners equity is $80,610.
Owners equity changes in year:
Additional investments are $10,320, liabilities are $12,070, and total expenses are $345,200. What would total revenues be?
- January 1, 2017 assets are $142,200, liabilities are $53,190, beginning owners equity is $89,010. Then on December 31, 2017 assets are $266,000, liabilities are $108,400, and ending owners equity is $157,600.
Owners equity changes in year:
Additional investments are $14,850, liabilities are drawings are $10,170, total revenues are $491,800. What would total expenses be?
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