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The following financial statement information is from five separate companies: December 31, 2016 Company A Company B Company C Company D Company E Assets 35,000

The following financial statement information is from five separate companies:

December 31, 2016 Company A Company B Company C Company D Company E

Assets 35,000 27,300 22,400 62,300 95,550

Liabilities 28,700 19,110 12,096 42,987 ?

December 21, 2017

Assets 40,000 28,800 ? 72,800 110,400

Liabilities ? 19,584 13,132 34,944 87,216

During year 2017

Owner investments 6,000 1,400 9,750 ? 6,500

Net income (loss) 9,200 ? 6,200 11,543 8,574

Owner cash withdrawals 3,500 2,000 5,875 0 11,000

1a. what is the amount of equity on December 31, 2016 for Company A.

Assets = Liabilities + Equity

1b. What is the amount of equity on December 31, 2017 for Company A.

Statement of Owner's Equity

Equity, December 31, 2015 ____

___ ___

____ ___

____ ___ ____ ___

Equity, December 31, 2017 ____

1c. What is the amount of liabilities on December 31, 2017 for Company A.

Assets = Liabilities + Equity

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