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QUESTION 3 - 2 marks (1 marks each box - show your calculations!) Thinking One item is omitted in each of the following summaries of
QUESTION 3 - 2 marks (1 marks each box - show your calculations!) Thinking One item is omitted in each of the following summaries of balance sheet and income statement data for two different sole proprietorships, A and B. Determine the amounts of the missing items. A B 310,000 250,000 165,000 134,000 Beginning of the year: Assets Liabilities End of the Year: Assets Liabilities During the Year: Additional investment by owner Withdrawals by owner Revenue Expenses 365,000 278,000 180,000 121,000 ? 40000 46,000 86,000 124,000 96,000 ? 57,500
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