Question
Compute the amount of liablilites for Company E on December 31, 2016.

Company Company Company Company Company B D $128,310 $47,000 38,540 $36,660 25,662 $30,080 16,243 $83,660 57,725 50,000 Decem
Required information Statement of Shareholders Equity Equity, December 31, 2016 Add: Stock issuances Add: Net income 6.500 7
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Answer #1

Liabilities for Company E on December 31, 2016 $ 102,648 Working Notes: December 31, 2017 Stockholders Equity = Total assets

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