The Accounting Equation	RothCo	El GreckCo	OrozCo
Calculate the ending equity for each of these three companies
12/31/20X1 (beginning equity)
Assets	31,000	19,840	84,630
Liabilities	25,420	10,713	?
12/31/20X2
Assets	36,000	?	99,360
Liabilities	?	11,818	78,494
enter answers to grey boxes in box 3		below
Events During year 2
Stock issuances	6,000	9,750	6,500
Net income (loss)	8,120	5,800	8,440
Cash dividends	3,500	5,875	11,000
To find the missing numbers in grey in box one, complete box 2 and then apply the accounting equation
Statement of owner equity
Equity year 1 (12/31x1)	5,580	9,127
Stock issuances	6,000	9,750	6,500
Net income (Loss)	8,120	5,800	8,440
Cash Dividends	3,500	5,875	11,000
Ending Equity 12/31/20X2
Enter Answers here
Liabilities
Assets
Liabilities