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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
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. Beginning of the year: Assets Liabilities End of the year: Freeman Heyward Jones Ramirez $501,400 $581,600 $215,600 300,800 302,400 163,900 $277,500 Assets Liabilities 621,700 814,200 194,000 573,500 270,800 255,900 172,500 314,500 During the year: Additional issuance of capital stock 116,300 21,600 92,500 Dividends 35,100 34,900 135,700 Revenue 165,400 247,900 259,000 Expenses 90,300 151,200 265,200 296,000
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