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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 B

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
December 31, 2018
Assets $ 44,000 $ 34,320 $ 28,160 $ 78,320 $ 120,120
Liabilities 36,080 24,024 15,206 54,040 ?
December 31, 2019
Assets 49,000 35,280 ? 89,180 135,240
Liabilities ? 23,990 16,086 42,806 106,839
During year 2019
Stock issuances 6,000 1,400 9,750 ? 6,500
Net income (loss) 11,630 ? 7,900 15,094 8,877
Cash dividends 3,500 2,000 5,875 0 11,000

December 31, 2019

Assets

=

Liabilities

+

Equity

=

+

$0

.

Statement of Shareholder's Equity

Equity, December 31, 2018

Add: Net income

Add: Stock issuances

0

Less: Cash dividends

Equity, December 31, 2019

.

December 31, 2018

Assets

=

Liabilities

+

Equity

=

$0

+

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