Question

Missing Amounts from Balance Sheet and Income Statement Data One item is omitted from each of the following summans of balance sheet and income statement data for the following four different corporations. Enter the missing amount determine the amount of increase or decree stockholders' equity during the year) Carbon Krypton Radium Beginning of the year $6 ,500 257,900 $485,800 252,600 S1.200 143.800 $28.000 End of the year 170.00 533,100 232.100 680,100 21318300 191.800 269,700 29,300 116 Save and is Submit Angement for Grading &

Answer 1

B C D Ε $429,900 $257,900 $485,800 $189.2008528,800 $272,600 $143,800 $238,000 $533,100 $232,100 $680,200 $170,300 $491,800 $213,800 $151,400 $269,700 1 Beginning 2 Assets 3 Liabilities 4 End of the year 5 Assets 6 Liabilities 7 During the year 8 Additional issuance of common stock 9 Dividends 10 Revenue 11 Expenses 12 Solution: 13 Beginning shareholder's equity 14 Ending shareholder's equity 15 Net income 16 Additional issuance of common stock 17 Revenue 18 Dividend 19 Beginning Assets 894,600 $97,200 $18.900 $79,300 $30,100 $29,100 $30,300 $116,300 $141,900 $311,400 $217,600 $222,100 $77,400 $126,300 $232,700 $253,800 $172,000 $301,000 $64,500 $94.600 $213.200 $45,400 $466,400 $18,900 $185,100 -$15,100 $290.800 $222,100 -$31,700 $311,400 $30,300 $528,800

The following formulas are used:

B 429900 257900 485800 272600 189200 143800 528800 238000 533100 232100 680200 213800 170300 151400 491800 269700 1 Beginning 2 Assets 3 Liabilities 4 End of the year 5 Assets 6 Liabilities 7 During the year 8 Additional issuance of common stock 9 Dividends 10 Revenue 11 Expenses 12 Solution: 13 Beginning shareholder's equity 14 Ending shareholder's equity 15 Net income 16 Additional issuance of common stock 17 Revenue 18 Dividend 19 Beginning Assets 94600 30100 141900 77400 97200 29100 311400 126300 18900 30300 217600 232700 79300 116300 222100 253800 =B2-B3 =B5-B6 =B10-B11 =B14-B13-B15+B9 =C2-C3 =C5-C6 =C14-C13-C8+C9 =D2-D3 =D5-D6 =D10-D11 =E14-E8-E15+E9 =E5-E6 =E10-E11 =C15+C11 =D13+D15+D8-D14 =E13+E3