Assuming no additional investments by or distributions to owners, compute the miss- ing amounts for companies X,

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Assuming no additional investments by or distributions to owners, compute the miss- ing amounts for companies X, Y, and Z. x Y Z Assets: January 1, 2000. $360 $ ? $230 Liabilities: January 1, 2000. 280 460 7 Owners' equity: January 1, 2000 ? 620 150 Assets: December 31, 2000.. 380 7 310 Liabilities: December 31, 2000 ? 520 90 Owners' equity: December 31, 2000 7 720 ? Revenues in 2000...... 80 ? 400 Expenses in 2000. 100 116 ?

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Survey Of Accounting

ISBN: 9780538846172

1st Edition

Authors: James D. Stice, W. Steve Albrecht, Earl Kay Stice, K. Fred Skousen

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