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Two items are omitted from each of the following summaries of balance sheet and income statement data for two proprietorships for the year 2020, Blossom's
Two items are omitted from each of the following summaries of balance sheet and income statement data for two proprietorships for the year 2020, Blossom's Goods and Wildh Enterprises. Determine the missing amounts. Beginning of year: Blossom's Goods Wildhorse Enterprises Total assets $112,090 $131,451 Total liabilities 86,615 (c) Total owner's equity (a) 81,520 End of year: Total assets Total liabilities Total owner's equity 163,040 183,420 122,280 50,950 40,760 132,470 Changes during year in owner's equity: Additional investment Drawings Total revenues Total expenses (b) 25,475 37,703 (d) 224,180 101,900 178,325 61,140 Click if you would like to Show Work for this question: Modify Show Work
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