Question:

Determination of Omitted Financial Statement Data

For the four unrelated situations, A-D, calculate the unknown amounts indicated by the letters appearing in each column:

Beginning
Assets				(d)
Liabilities				9,000
Ending
Assets				40,000
Liabilities				19,000
During the Year
Common Stock				2,500
Sales Revenue				24,000
Dividends				6,500
Expenses				17,000