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S Determine the missing amounts. (Hint: For example, to solve for (a), Assets - Liabilities - Owner's equity = $28,770.) Pharoah Company Beta Company Psi
S Determine the missing amounts. (Hint: For example, to solve for (a), Assets - Liabilities - Owner's equity = $28,770.) Pharoah Company Beta Company Psi Company Omega Company art January 1, 2017 Assets $78,750 $92,840 133,090 (9) $151,400 ady Liabilities 49,980 53,830 (d) 84,330 56,7706) Owner's equity December 31, 2017 28,770(a) 39,010 48,760 94,630 Assets 111,310 114,800 187,300 261,800 (k) Liabilities 61,930 70,290 105,470(h) 105,500 Owner's equity 49,380 44,510(e) 81,830 156,300 Owner's equity changes in year Additional investment 19,520 (c) 9,190 10,960 15,670 Drawings 16,910 27,990 (0) 12,210 11,090 Total revenues 350,800 411,100 390,42010 503,300 Total expenses 332,800 386,800 356,100 446,210 (1) Click if you would like to Show Work for this question: Open Show Work Portfo...docx CS204 U9 Budget.docx (b) Prepare the owner's equity statement for Pharoah Company. (List items that increase owner's equity first.) PHAROAH COMPANY Owner's Equity Statement For the Year Ended December 31, 2020 Owner's Capital, January 1 0 Add Investments $ 19,520 Net Income / (Loss) Less Drawings 16,910 Owner's Capital, December 31 $ Click if you would like to Show Work for this question: Open Show Work LINK TO TFYT
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