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Missing Amounts from Balance Sheet and Income Statement Data One item is omitted in each of the following summaries of balance sheet and income statement
Missing Amounts from Balance Sheet and Income Statement Data One item is omitted in each of the following summaries of balance sheet and income statement data for the following four different corporations: Determine the missing amounts. Hint: First determine the amount of increase or decrease in stockholders' equity during the year. Freeman Heyward Jones Ramirez Beginning of the year: Assets $380,900 $430,400 $175,200 Liabilities 228,500 223,800 133,200 $207,400 End of the year Assets 472,300 602,600 157,700 428,600 Liabilities 205,700 189,400 140,200 235,100 During the year Additional issuance of capital stock 86,100 17,500 69,100 Dividends 26,700 25,800 101,400 Revenue 125,700 201,500 193,500 Expenses 68,600 111,900 215,500 221,200
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