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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 $428,900 $501,800 $193,000 x 257,300 260,900 146,700 $237,400 Assets Liabilities 531,800 702,500 173,700 490,600 231,600 220,800 154,400 269,000 During the year: Additional issuance of capital stock X 100,400 19,300 79,100 Dividends 30,000 30,100 x 116,100 Revenue 141,400 x 222,000 221,700 Expenses 77,200 130,500 237,400 253,200
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