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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 Company 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 Company Company Company A B D E December 31, 2018 Assets $ 42,000 $32,760 $26,880 $ 74, 760 $ 114,660 Liabilities 34,440 22,932 14,515 51,584 ? December 31, 2019 Assets 47,000 33,840 2 85,540 129,720 Liabilities ? 23,011 15,430 41,059 102,478 During year 2019 Stock issuances 6,000 1,400 9,750 2 6,500 Net income (loss) 11,090 ? 6,500 14,305 8,810 Cash dividends 3,500 2,000 5,875 0 11,000 Required: 1a. What is the amount of equity on December 31, 2018 for Company A. Assets Liabilities Equity $ 1b. What is the amount of equity on December 31, 2019 for Company A. Statement of Shareholder's Equity Required information 1b. What is the amount of equity on December 31, 2019 for Company A. Statement of Shareholder's Equity Equity, December 31, 2018 0 Equity, December 31, 2019 1c. What is the amount of liabilities on December 31, 2019 for Company A. Assets Liabilities Equity 0 The following financial statement information is from five separate companies. Company Company B Company Company D Company E $ 42,000 34,440 $32,760 22,932 $26,880 14,515 $114,660 $ 74,760 51,584 2 December 31, 2018 Assets Liabilities December 31, 2019 Assets Liabilities During year 2019 Stock issuances Net income (loss) Cash dividends 47,000 2 33,840 23,011 ? 15,430 85,540 41,059 129,720 102, 478 6,000 11,090 3,500 1,400 ? 2,000 9,750 6,500 5,875 2 14,305 0 6,500 8,810 11,000 2a. What is the amount of equity on December 31, 2018 for Company B. Assets Liabilities Equity + 2b. What is the amount of equity on December 31, 2019 for Company B. Assets Liabilities Equity $ 0 2b. What is the amount of equity on December 31, 2019 for Company B. Assets Liabilities Equity $ 0 2c. What is net income for year 2019 for Company B. Statement of Shareholder's Equity Equity, December 31, 2018 0 Equity, December 31, 2019

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