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Required information [The following information applies to the questions displayed below.] The following financial statement information is from five separate companies. Company A Company
Required information [The following information applies to the questions displayed below.] The following financial statement information is from five separate companies. Company A Company B Company C Company D Company E Beginning of year Assets End of year Liabilities $ 48,000 39,360 $ 37,440 26,208 $ 30,720 16,588 $ 85,440 58,953 $ 131,040 Assets 53,000 38,160 ? 96,460 Liabilities ? 25,948 17,399 46,300 ? 146,280 115,561 Changes during the year Stock issuances 6,000 1,400 9,750 ? 6,500 Net income (loss) 12,710 ? 6,300 16,673 9,011 Cash dividends 3,500 2,000 5,875 0 11,000 Required: 1a. What is the amount of equity at the beginning of the year for Company A? 1b. What is the amount of equity at the end of the year for Company A? 1c. What is the amount of liabilities at the end of the year for Company A? Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required 1C What is the amount of equity at the beginning of the year for Company A? Assets Liabilities Equity $ Equity, beginning of year Equity, end of year 0 Assets = = $ Liabilities + Equity 0 +
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