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The following financial statement information is from five separate companies. Company Company Company Company Company A B C D E 24,500 58,000 December 31,
The following financial statement information is from five separate companies. Company Company Company Company Company A B C D E 24,500 58,000 December 31, 2018 Assets Liabilities December 31, 2019 Assets $55,000 $34,000 $24,000 $60,000 $119,000 21,500 9,000 40,000 ? 40,000 ? 85,000 113,000 Liabilities ? 26,500 29,000 24,000 70,000 During year 2019 Owner investments 6,000 1,400 9,750 ? 6,500 Net income (loss) 8,500 ? 8,000 14,000 20,000 Owner cash withdrawals 3,500 2,000 5,875 0 11,000 Compute the amount of owner investments for Company D during year 2019. cember 31, 2018 How do we find out the numbers for all these 60,000 $ 40,000 20,0 question marks 10 of 10 Next
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