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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. Freeman Heyward Jones Ramirez Beginning of the year: Assets Liabilities End of the year: $510,700 306,400 $597,500 310,700 $214,500 163,000 676,700 $287,300 Assets Liabilities 633,300 836,500 193,100 593,700 275,800 262,900 171,600. 325,600 During the year: Additional common stock issued 119,500 21,500 95,800 Dividends 35,700 35,900 140,400 Revenue 168,400 246,600 268,000 Expenses 91,900 155,400 263,800 306,400
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