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! Required information [The following information applies to the questions displayed below.] Below are selected T-accounts related to equity investments for William Company. 1/1 Balance
! Required information [The following information applies to the questions displayed below.] Below are selected T-accounts related to equity investments for William Company. 1/1 Balance Purchase Investments 83,622 12,859 Share of affiliate's earnings ? 10,115 Share of affiliate's dividends 12/31 Balance 89,360 Equity in Investee Earnings 0 1/1 Balance ? Share of affiliate's earnings 2,994 12/31 Balance d. What would be reported on the balance sheet related to the investments in affiliates on December 31? e. What would be reported on the income statement for the year? Complete this question by entering your answers in the tabs below. Required D Required E What would be reported on the balance sheet related to the investments in affiliates on December 31? WILLIAM COMPANY Balance Sheet (Partial) At December 31, Current Year Assets: ! Required information [The following information applies to the questions displayed below.] Below are selected T-accounts related to equity investments for William Company. 1/1 Balance Purchase Investments 83,622 12,859 Share of affiliate's earnings ? 10,115 Share of affiliate's dividends 12/31 Balance 89,360 Equity in Investee Earnings 0 1/1 Balance ? Share of affiliate's earnings 2,994 12/31 Balance d. What would be reported on the balance sheet related to the investments in affiliates on December 31? e. What would be reported on the income statement for the year? Complete this question by entering your answers in the tabs below. Required D Required E What would be reported on the income statement for the year? WILLIAM COMPANY Income Statement (Partial) For the Year Ending December 31, Current Year Other items
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