Question
Two items are omitted from each of the following summaries of balance sheet and income statement data for two corporations for the year 2020, Wildhorse
Two items are omitted from each of the following summaries of balance sheet and income statement data for two corporations for the year 2020, Wildhorse Co. and Sarasota Enterprises. Determine the missing amounts. Beginning of year: Total assets Total liabilities Total stockholders' equity End of year: Total assets Wildhorse Co. Sarasota Enterprises $129,980 $172,860 113,900 (c) (a) 100,500 214,400 Total liabilities 160,800 Total stockholders' equity 53,600 Changes during year in stockholders' equity: Additional investment Dividends Total revenues Total expenses 241,200 67,000 174,200 (b) 33,500 32,160 (d) 288,100 134,000 234,500 73,700
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