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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
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 E $ 47,000 38,540 $36, 660 25,662 $30,000 16,243 $83, 660 57,725 $128,310 ? December 31, 2018 Assets Liabilities December 31, 2019 Assets Liabilities During year 2019 Stock issuances Net income (loss) Cash dividends 52,000 ? 37,440 25,459 ? 17,071 94,640 45,427 143, 520 113, 380 6,000 12,440 3,500 1,400 ? 2,000 9,750 5,700 5,875 2 16, 278 0 6,500 8,978 11,000 5. Compute the amount of liabilities for Company E on December 31, 2018. December 31, 2019 Assets Liabilities + Equity $ 143,520 S 113,380 + S 30,140 Statement of Shareholder's Equity Equity, December 31, 2018 Add: Stock issuances Add: Net income 0 Less: Cash dividends Equity, December 31, 2019 December 31, 2018 Assets + Equity Liabilities S 0
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