Question

nework Required a. Select the terms (identified as a through g) with the definitions and phrases. b. Calculate the missing amounts in the following table: Complete this question by entering your answers in the tabs below. Required A Required B Calculate the missing amounts in the following table: Company Assets = 93,000) = 95.000 99 700 = Liabilities $ 42,000 - - 14.800 - 27.000 - Stockholders' Equity Common Retained Stock Earnings $ 52.600 - $ 36.400 24 400 - 45,600 42 950 47 800 - < Required A

Answer 1

Answer:

Calculation of missing amounts
					Stock holders equity
Company	Assets	=	Liabilities	+	Common stock	+	Retained earnings
A	1,31,000	=	42,000	+	52,600	+	36,400
B	93,000	=	23,000	+	24,400	+	45,600
C	95,000	=	14,800	+	37,250	+	42,950
D	99,700	=	27,000	+	47,800	+	24,900
Assets are equals to liabilities and common stock retained earnings.
Total assets = total liabilities and shareholders' equity
Company A is total assets =42000+52600+36400 =$131,000
Company B Total liabilities = 93000-24400-45600=$23000
Company C Common stock=95000-14800-42950 = $37250
Company D Retained earnings =99700-27000-47800= $24900.