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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 $464,200 $533,800 $195,000 fill in the blank 1
Liabilities 278,500 277,600 148,200 $252,800
End of the year:
Assets 575,600 747,300 175,500 522,400
Liabilities 250,700 234,900 156,000 286,500
During the year:
Additional issuance of capital stock fill in the blank 2 106,800 19,500 84,300
Dividends 32,500 32,000 fill in the blank 3 123,600
Revenue 153,200 fill in the blank 4 224,300 235,900
Expenses 83,600 138,800 239,900 269,600

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