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please help will upvote if correct! The summaries of data from the balance sheet, income statement, and retained earnings statement for two corporations, Blossom Corporation
please help will upvote if correct!
The summaries of data from the balance sheet, income statement, and retained earnings statement for two corporations, Blossom Corporation and Crane Enterprises, are presented below for 2022. Determine the missing amounts. Assume all changes in stockholders' equity are due to changes in retained earnings. Blossom Corporation Crane Enterprises Beginning of year Total assets $110,000 $130,000 Total liabilities 70.000 (d) 65000 Total stockholders' equity (a) 40000 65,000 End of year Total assets (b) 185000 190,000 Total liabilities 115,000 60,000 SIVADA Total assets (b) 185000 190,000 Total liabilities 115,000 60,000 Total stockholders' equity 70,000 (e) 130000 Changes during year in retained earnings Dividends ) (c) 4,000 Total revenues 220,000 () Total expenses 150.000 70,000 eTextbook and Media Save for Later Attempts: 1 of 3 used Sube Step by Step Solution
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