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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. Enter the missing amounts. (Hint: First determine the amount of increase or decrease in stockholders' equity during the year.) Beginning of the year: Assets Liabilities End of the year: Freeman Heyward Jones Ramirez $519,500 $592,200 $228,600 X 311,700 307,900 173,700 $282,900 Assets Liabilities 644,200 829,100 205,700 584,600 280,500 260,600 182,900 320,600 During the year: Additional issuance of capital stock 118,400 22,900 94,300 Dividends 36,400 35,500 138,300 Revenue 171,500 262,800 264,000 Expenses 93,500 154,000 281,200 301,700
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