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 B Company Company D Company E $43,000 35, 260 $33,540 23.478 $27,520 14,860 $ 76,540 52, 812 $117, 390 ? December 31, 2018 Assets Liabilities December 31, 2019 Assets Liabilities During year 2019 Ower investments Not income (loss) Owner cash withdrwals 48,000 ? 34, 560 23,500 ? 15,758 87. 360 41.932 132, 480 104,659 6,000 11, 360 3,500 1. 400 7 2,000 9,750 7. 400 5,875 2 14,700 0 6,500 8, 843 11,000 Problem 1-2A Part 1 Problem 1-2A Part 1 Required: 1a. What is the amount of equity on December 31, 2018 for Company A. Assets Liabilities $ 35,260 + Equity 7,740 $ 43,000 $ 1b. What is the amount of equity on December 31, 2019 for Company A. ences Statement of Owner's Equity Equity, December 31, 2018 S Add: Investment by Owner Add: Net income 7,740 6,000 (11,360) 2,380 3,500 5,580 Less: Withdrawals by Owner Equity, December 31, 2019 $ 1c. What is the amount of liabilities on December 31, 2019 for Company A. Assets S 48.000 S 42.420 Equity S 5.580 5 heye 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 December 31, BOB Assets $43.000 $33,340 527,380 14.800 $70.540 53,312 $117,390 December 31, 2015 ged $1,000 87,300 34,360 23,300 121, 480 104,699 Liabilities 13,30 0, 500 OTSE vesents Set inte los Oder cash withdrawals 0,000 11.300 2.300 9 2.000 9.750 7.400 3,819 14. 100 0 11,000 Problem 1-2A Part 2 Pent 2. What is the amount of equity on December 31, 2018 for Company B Ants Llabilities Equity $ 2b. What is the amount of equity on December 31, 2019 for Company B. Limble Equity 2. What is net income for year 2019 for Company B. Dec 31, 2018 December 2019 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 c. December 31, 2018 Assets Liabilities Bectaber 31, 2019 $117, 390 $33, 340 23,473 527, 520 14,160 $70, 540 52.8:12 $43,000 35,260 48,000 34,500 23,500 81,300 41.933 15,990 132, 490 104,659 Liabilities During year 2012 Der isvestants Set income De cash withdrawals 0.000 11,360 2.300 8,300 1,400 . 2,000 9.750 1.400 14.00 11,000 Problem 1-2A Part 3 3. Compute the amount of assets for Company C on December 31, 2019. (Enter Losses amount with a minus sign, required.) December 31, 2018 Latitis Equity S statement of Owners Equity City, December 31, 2018 Cow December 31, 2015 December 31, 2013