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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 Company B Company

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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 Company B Company Company D Company B $34,000 27,880 $26,520 18,564 $21,760 11,750 $60,520 41,758 $ 92,820 ? ? December 31, 2018 Assets Liabilities December 31, 2019 Assets Liabilities During year 2019 Owner investments Net income (loss) Owner cash withdrawals 39,000 ? 28,080 19,094 ? 12,803 70,980 34,070 107,640 85,035 6,000 8,930 3,500 1,400 2 2,000 9,750 6,600 5,875 ? 11,148 0 6,500 8,541 11,000 Required: 1a. What is the amount of equity on December 31, 2018 for Company A. + Assets $ 34,000 Liabilities = $ 27,880 Equity 6,120 1b. What is the amount of equity on December 31, 2019 for Company A. Statement of Owner's Equity Equity, December 31, 2018 $ 6,120 6,120 Equity, December 31, 2019 1c. What is the amount of liabilities on December 31, 2019 for Company A. Assets Liabilities $ 27,880 Equity 6,120 GA 34,000 II + $

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