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ramirez company fill letter fill in: ( d= 50,000; e= 66,000; f= 44,000) A- Prepare the owners equity statement for Ramirez Company B - Write
ramirez company fill "letter" fill in: ( d= 50,000; e= 66,000; f= 44,000)
A- Prepare the owners equity statement for Ramirez Company
B - Write a memorandum explaining the sequence for preparing financial statements and the interrelationship of the owners equity statement to the income statement and the balance sheet.
Problem from: Accounting Principles 10th Edition Author: Weygandt, Jerry J.; Weygandt P1-5A Financial statement information about four different companies is as follows. Alexei Ramirez Dayan Viciedo Company Company Company Company January 1, 2012 s 95,000 $110,000 $170,000 Assets Liabilities 50,000 (d) 75,000 Owner's equity (a) 60,000 45,000 90,000 December 31, 2012 141,000 (b) 200,000 (k) Assets Liabilities 55,000 75,000 (h) 80,000 owner's equity 63,000 (e) 162,000 130,000 owner's equity changes in year 10,000 Additional investment (c) 15,000 15.000 Drawings 25.000 14.000 20.000 350,000 420,000 520,000 342,000 Total revenues 385,000 Total expenses 320.000Step by Step Solution
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