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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.) Freeman Heyward Jones Ramirez Beginning of the year: Assets $421,800 $370,000 222,000 $162,800 123,700 Liabilities 219,300 $206,500 End of the year: Assets 426,700 458,800 199,800 590,500 185,600 146,500 130,200 Liabilities 234,000 During the year: Additional issuance of capital stock 84,400 16,300 68,800 Dividends 25,900 25,300 100,900 Revenue 122,100 187,100 192,700 Expenses 66,600 109,700 200,200 220,200
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