S Each of the following independent situations represents amounts shown on the four basic financial statements. Fill in the formulas and missing blanks using your knowledge of amounts that appear on the financial statements. 1. Revenues = $27,000; Expenses = $18,000; Net income = 2. Increase in stockholders' equity = $17,000; Issuance of common stock = $11,000; Net income = $12,000; Dividends = 3. Assets $24,000; Stockholders' equity = $15,000; Liabilities: 4. Total change in cash = $26,000; Net operating cash flows = $34,000; Net investing cash flows = ($17,000); Net financing cash flows = = 1. Revenues - Expenses = Net income $ 27,000 $ # 3. Assets = Liabilities + Stockholders' equity 18,000 = $ = = 2. Change in stockholders' equity = Issue common stock + Net income - Dividends $ 17,000 = $ 11,000 $ 12,000 9,000 $ 4. Total change in cash = Operating cash flows + Investing cash flows + Financing cash flows + 12,000

Each of the following independent situations represents amounts shown on the four basic financial statements. Fill in the formulas and missing blanks using your knowledge of amounts that appear on the financial statements. 1. Revenues =$27,000; Expenses =$18,000; Net income = 2. Increase in stockholders' equity =$17,000; Issuance of common stock =$11,000; Net income =$12,000; Dividends = 3. Assets =$24,000; : Stockholders' equity =$15,000; Liabilities = 4. Total change in cash =$26,000; Net operating cash flows =$34,000; Net investing cash flows =($17,000); Net financing cash flows = Exercise 1-13A Compute missing amounts from financial statements (LO1-3) Each of the following independent situations represents amounts shown on the four basic financial statements. Fill in the formulas and missing blanks using your knowledge of amounts that appear on the financial statements. 1. Revenues =$27,000; Expenses =$18,000; Net income = 2. Increase in stockholders' equity =$17,000; issuance of common stock =$11,000; Net income =$12,000; Dividends = 3. Assets =$24,000; Stockholders' equity =$15,000; Liabilities = 4. Total change in cash =$26,000; Net operating cash flows =$34,000; Net investing cash flows =($17,000); Net financing cash flows =