b)
Statement of Stockholders' Equity | |
Equity, December 31, 2016 | $10998 |
Add: Stock issuances | 1400 |
Add: Net income | 1122 |
(11520+2000)= 13520 | |
Less: Cash dividends | 2000 |
Equity, December 31, 2017 | $11520 |
Net income= $13520-1400-10998= $1122
What is net income for year 2017 for Company B Required information [The following information applies...
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 December 31, 2016 Assets Liabilities December 31, 2017 Assets Liabilities During year 2017 Stock issuances Net income (loss) Cash dividends 36,000 24,480 138,000 109,020 91,000 43,680 16,415 1,400 6,000 11,540 3,500 9,750 (627) 5,875 14,385 6,500 7,818 11,000 2,000 5. Compute the amount of liabilities for Company E on December 31,...
I got 1a correct but I am having hard time with the other parts of question Required information [The following information applies to the questions displayed below.] The following financial statement information is from five separate companies: Company Company Company Company Company December 31, 2016 $47,000 38,540 $36,660 25,662 $30,080 $83,660 $128,310 Assets Liabilities 16,243 57,725 December 31, 2017 Assets 50,000 36,000 24,480 91,000 43,680 138,000 109,020 Liabilities ? 16,415 During year 2017 Stock issuances Net income (loss) 6,000 1,400...
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Required information [The following information applies to the questions displayed below.] The following financial statement information is from five separate companies. Company A Company B Company C Company D Company E December 31, 2018 Assets $ 36,000 $ 28,080 $ 23,040 $ 64,080 $ 98,280 Liabilities 29,520 19,656 12,441 44,215 ? December 31, 2019 Assets 41,000 29,520 ? 74,620 113,160 Liabilities ? 20,073 13,460 35,817 89,396 During year 2019 Stock issuances 6,000 1,400 9,750 ? 6,500 Net income (loss) 9,470...
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