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Required information Problem 1-2A Computing missing information using accounting knowledge LO A1, P1 [The following information applies to the questions displayed below.] The following
Required information Problem 1-2A Computing missing information using accounting knowledge LO A1, P1 [The following information applies to the questions displayed below.] The following financial statement information is from five separate companies. Company Company Company Company Company A B C D E December 31, 2018 Assets $43,000 $33,540 Liabilities 35,260 23,478 $27,520 $76,540 $117,390 14,860 52,812 P December 31, 2019 95 Assets 48,000 34,560 ? Liabilities 23,500 15,758 87,360 132,480 41,932 104,659 During year 2019 Stock issuances 6,000 1,400 9,750 ? 6,500 Net income (loss) 11,360 5,400 14,700 8,843 Cash dividends 3,500 2,000 5,875 11,000 ok Problem 1-2A Part 5 5. Compute the amount of liabilities for Company E on December 31, 2018. December 31, 2019 Assets =1 Liabilities + Equity + Statement of Shareholder's Equity Equity, December 31, 2018 ces Equity, December 31, 2019 December 31, 2018 Assets Liabilities + Equity 11 +
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