The following information came from a recent balance sheet of Apple Computer, Inc.: Beginning of Year $39.6

Question:

The following information came from a recent balance sheet of Apple Computer, Inc.:

Beginning of Year $39.6 billion End of Year $53.9 billion $26.0 billion Assets Liabilities Owners' Equity . ? ... $21.0

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...