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Two items are omitted from each of the following summaries of balance sheet and income statement data for two corporations for the year 2015, Plunkett
Two items are omitted from each of the following summaries of balance sheet and income statement data for two corporations for the year 2015, Plunkett Co. and Herring Enterprises. Determine the missing amounts.
Two items are omitted from each of the following summaries of balance sheet and income statement data for two corporations for the year 2015, Plunkett Co. and Herring Enterprises Determine the missing amounts. Plunkett Co Herring Enterprises Beginning of year Total assets Total liabilities Total stockholders equity $188,58!5 $141,804 124,262 78,942 (c) 17,542 (a) 109,643 End of year: Total assets Total liabilities Total stockholders' equity 233,904 175,428 58,476 263,142 73,095 190,047 Changes during year in stockholders' equity: 36,548 Additional investment Dividends Total revenues 17,544 (b) 14,619 (d) 146,190 80,405 35,086 314,309 255,833 Total expensesStep by Step Solution
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