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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 Liabilities End of year $ 49,000 40,180 $ 38,220 26,754 $ 31,360 16,934 $ 87,220 60,181 $ 133,770 Assets 54,000 38,880 ? 98,280 Liabilities ? 26,438 17,728 47,174 ? 149,040 117,741 Changes during the year Stock issuances 6,000 1,400 9,750 ? 6,500 Net income (loss) 12,980 ? Cash dividends 3,500 2,000 5,900 5,875 17,067 9,045 0 11,000 3. Compute the amount of assets for Company C at the end of the year. 4. Compute the amount of stock issuances for Company D during the year. 5. Compute the amount of liabilities for Company E at the beginning of the year. Complete this question by entering your answers in the tabs below. Required 3 Required 4 Required 5 Compute the amount of liabilities for Company E at the beginning of the year. End of Year Assets Liabilities Equity $ 149,040 = + $ 149,040 Equity, beginning of year Add: Stock issuances Add: Net income 6,500 9,045 15,545 Less: Cash dividends 11,000 Equity, end of year Beginning of Year Assets Liabilities Equity = $ 0 + < Required 4 Required 5 >
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