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Problem 1-05A a-b Financial statement information about four different companies is as follows Determine the missing amounts. (Hint: For example, to solve for (a), Assets-Liabilities = Owners equity = $29,680.) Crane Company Beta Company Psi Company Omega Company January 1, 2017 Assets $79,460 $92,350 (g) $159,500 Liabilities 49,780 76,630 Owners equity 42,010 52,610 86,250 December 31, 2017 Assets (b 108,300 184,400 Liabilities 61,280 73,720 109,400 Owners equity 48,840 82,430 144,700 Owners equity changes in year Additional investment Drawings Total revenues Total expenses 15,980 12,920 495,700 7,650 10,660 12,620 350,600 337,600 12,360 418,300 385,000 350,100

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Psi Company Crane Beta Omega Company 2 Company Company 1,2017 129.240 1 Assets Liabiltie:s Owners 79,460 49,780 29,680 (a) 92,350 50,340 42,010 4 159,500 76,630 52,610 73,250 0) 86,250 December 31, 2017 Assets Liabiltie:s Owners 110,120 61,280 48.840 254,100 (k 109,400 144,700 108,300 73,720 34,580 (e) 184,400 101,970 82,430 10 Owners changes in vear 18,780 (c) Additional Drawings Total revenues Total expenses 7,650 48,380 418,300 385,000 15,980 12,920 495,700 440,310 10,660 12,360 12 13 14 15 16 17 18 nvestment 12,620 350,600 337,600 381,620 0 350,100 Owners equity Dec 31, 2017 Owners equity Jan 1 20174 Additional mvestment-Drawings-Total revenues-Total expenses This formula is used for calculating the values in owners equity changes in year part.

Working note:Crane Company Beta Company Psi Company Omega Company ,2017 Assets Liabilities Owners 49780 -C4-C5 92350 -E4-E6 42010 76630 52610 159500 14-16 86250 December 31, 2017 Assets Liabilities Owners -C9+C10 61280 48840 108300 73720 184400 -G8-G10 82430 I9+110 109400 144700 10 E8-E9 Ownerse changes in Additional investment Drawings Total revenues Total e -C10-C6 C13-C14 C15 12620 350600 337600 15980 2920 495700 I6+I12-113+I14-110 7650 12 13 14 15 16 17 18 10660 12360 -G10-G6-G 12-G 13+615 50100 E6-E12+E 14-E 15-E10 418300 385000 C Owners equity Dec 31, 2017owners equity Jan 1, 2017+Additional investment -Drawings+Total revenues-Total expenses This formula is used for calculating the vaues in owners equity changes in year part.

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