Equity, beginning of year $0 $0 $0 $0 Owner investments during the year 117,500 104,223 ...
Equity, beginning of year $0 $0
$0 $0
Owner investments during the year 117,500
104,223 228,821
Owner withdrawals during the year
(51,000) (11,000) (54,000)
Net income (loss) for the year 113,500
64,915 (3,000)
Equity, end of year $119,500
$115,915 $128,821
Exercise 2-19 Analyzing changes in company equity LO P3.
Compute the missing for each of the following companies in columns
B through E. (Losses and amount to be deducted should be indicated
with a minus sign)
Subject: Principles of Accounting 1
Homework Answers
Solution:
| a. | b. | c. | d. | |
| Equity, beginning of year | 0 | 0 | 0 | 0 |
| Owner Investment during the year | 117500 | 102000 | 104223 | 228821 |
| Owner Withdrawals during the year | -111500 | -51000 | -11000 | -54000 |
| Net Income (Loss) for the year | 113500 | 64915 | -3000 | -46000 |
| Equity, end of year | 119500 | 115915 | 90223 | 128821 |
Add Answer to:
Equity, beginning of year $0 $0
$0 $0
Owner investments during the year 117,500
104,223 ...
I need all yellow slots. Im not sure if what i have is correct. Compute the...
I need all yellow slots. Im not sure if what i have is
correct.
Compute the missing amount for each of the following separate companies in columns B through E. (Losses and amounts to be deducted should be indicated with a minus sign.) CBS ABC NBC $ 0 $ 0 0 $ 91,000 Equity, beginning of year Owner investments during the year Owner withdrawals during the year Net Income (loss) for the year Equity, end of year CNN 0 $...
value 0.30 points Exercise 2-19 Analyzing changes in a company's equity LO P3 Compute the missing...
value 0.30 points Exercise 2-19 Analyzing changes in a company's equity LO P3 Compute the missing amount for each of the following separate companies a through d. (Losses and amounts to be deducted should be indicated with a minus sign.) (a) (b) (c) (d) 0 $ $ 93,000 Equity, December 31, 2014 Owner investments for stock during the year Dividends during the year Net income (loss) for the year Equity, December 31, 2015 0 85.725 (9,000) (5.000) 2 02 410...
Compute the missing amount for each of the following separate companies a through d. (Losses and...
Compute the missing amount for each of the following separate companies a through d. (Losses and amounts to be deducted should be indicated with a minus sign.) CBS NBC ABC CNN Equity, December 31, Year 1 110,500: Owner investments for stock during the year 98,938 221,275 Dividends during the year (54,000) (11,000) (54,000) Net income (loss) for the year (3,000) 106,500 55,125 Equity, December 31, Year 2 112,500 109,125 121,275 %24
Compute the missing amount for each of the following separate companies a through d. (Losses and...
Compute the missing amount for each of the following separate companies a through d. (Losses and amounts to be deducted should be indicated with a minus sign.) Equity, December 31, 2016 Owner investments during the year Owner withdrawals during the year Net income (loss) for the year Equity, December 31, 2017 72,420 (54,000) 36,210 $ 93,000 $ 90,210 84,215 (8,000) (6,000) 200,254 (54,000) 91,000 87,000 $ 100,254
Thank you for your help! *57,550 is incorrect Exercise 2-19 Analyzing changes in a company's equity...
Thank you for your help!
*57,550 is incorrect
Exercise 2-19 Analyzing changes in a company's equity LO P3 Compute the missing amount for each of the following separate companies a through d. (Losses and amounts to be deducted should be indicated with a minus sign.) NBC $ CBS 0 113,000| $ $ $ Equity, December 31, Year 1 Owner investments for stock during the year Dividends during the year Net income (loss) for the year Equity, December 31, Year 2...
Compute the missing amount for each of the following separate companies in columns B through E....
Compute the missing amount for each of the following separate companies in columns B through E. (Losses and amounts to be deducted should be indicated with a minus sign.) CBS ABC C NN NBC Equity, beginning of year $0 $0$0$0 Owner investments during the year114,000 ? 101,580 225,048 Owner withdrawals during the year ? (53,000) (8,000) (53,000) Net income (loss) for the year110,000 59,520 (6,000) ? Equity, end of year $116,000 $112,520 ? $125,048
Compute the missing amount for each of the following separate companies in columns B through E....
Compute the missing amount for each of the following separate companies in columns B through E. (Losses and amounts to be deducted should be indicated with a minus sign.) ABC CNN NBC $ CBS 0 $ 108,500 0 $ 0 $ 0 Equity, beginning of year Owner investments during the year Dividends during the year Net income (loss) for the year Equity, end of year 97,428 (8,000) (6,000) 219,119 (56,000) (54,000) 53,185 107,185 104,500 110,500 $ $ 119,119
Compute the missing amount for each of the following separate companies in columns through E (Losses...
Compute the missing amount for each of the following separate companies in columns through E (Losses and amounts to be deducted should be indicated with a minus sign.) ABC NBC 5 CBS 0 110,000 5 0 5 5 Equity, beginning of year Owner Investments during the year Dividends during the year Net Income (loss) for the year Equity, end of year CNN 0 87.000 (10,000) (4000) 210,000 55 000) (47000) 000 22.000 104 000 5 $ 85.000 110 000
A sole proprietorship had the following assets and liabilities at the beginning and end of this...
A sole proprietorship had the following assets and liabilities at the beginning and end of this year. Beginning of the year End of the year Assets $142,000 195,500 Liabilities $60,875 79,178 a. Owner made no investments in the business, and no withdrawals were made during the year. b. Owner made no investments in the business, but withdrew $900 cash per month for personal use. c. Owner made no withdrawals during the year, but the owner did invest an additional $45,000...
A corporation had the following assets and liabilities at the beginning and end of this year....
A corporation had the following assets and liabilities at the beginning and end of this year. Beginning of the year End of the year Assets $120,500 177,500 Liabilities $51,658 71,888 a. Owner made no investments in the business, and no dividends were paid during the year. b. Owner made no investments in the business, but dividends were $800 cash per month c. No dividends were paid during the year, but the owner did invest an additional $45,000 cash in exchange...
I need all yellow slots. Im not sure if what i have is
correct.
Compute the missing amount for each of the following separate companies in columns B through E. (Losses and amounts to be deducted should be indicated with a minus sign.) CBS ABC NBC $ 0 $ 0 0 $ 91,000 Equity, beginning of year Owner investments during the year Owner withdrawals during the year Net Income (loss) for the year Equity, end of year CNN 0 $...
value 0.30 points Exercise 2-19 Analyzing changes in a company's equity LO P3 Compute the missing amount for each of the following separate companies a through d. (Losses and amounts to be deducted should be indicated with a minus sign.) (a) (b) (c) (d) 0 $ $ 93,000 Equity, December 31, 2014 Owner investments for stock during the year Dividends during the year Net income (loss) for the year Equity, December 31, 2015 0 85.725 (9,000) (5.000) 2 02 410...
Compute the missing amount for each of the following separate companies a through d. (Losses and amounts to be deducted should be indicated with a minus sign.) CBS NBC ABC CNN Equity, December 31, Year 1 110,500: Owner investments for stock during the year 98,938 221,275 Dividends during the year (54,000) (11,000) (54,000) Net income (loss) for the year (3,000) 106,500 55,125 Equity, December 31, Year 2 112,500 109,125 121,275 %24
Compute the missing amount for each of the following separate companies a through d. (Losses and amounts to be deducted should be indicated with a minus sign.) Equity, December 31, 2016 Owner investments during the year Owner withdrawals during the year Net income (loss) for the year Equity, December 31, 2017 72,420 (54,000) 36,210 $ 93,000 $ 90,210 84,215 (8,000) (6,000) 200,254 (54,000) 91,000 87,000 $ 100,254
Thank you for your help!
*57,550 is incorrect
Exercise 2-19 Analyzing changes in a company's equity LO P3 Compute the missing amount for each of the following separate companies a through d. (Losses and amounts to be deducted should be indicated with a minus sign.) NBC $ CBS 0 113,000| $ $ $ Equity, December 31, Year 1 Owner investments for stock during the year Dividends during the year Net income (loss) for the year Equity, December 31, Year 2...
Compute the missing amount for each of the following separate companies in columns B through E. (Losses and amounts to be deducted should be indicated with a minus sign.) ABC CNN NBC $ CBS 0 $ 108,500 0 $ 0 $ 0 Equity, beginning of year Owner investments during the year Dividends during the year Net income (loss) for the year Equity, end of year 97,428 (8,000) (6,000) 219,119 (56,000) (54,000) 53,185 107,185 104,500 110,500 $ $ 119,119
Compute the missing amount for each of the following separate companies in columns through E (Losses and amounts to be deducted should be indicated with a minus sign.) ABC NBC 5 CBS 0 110,000 5 0 5 5 Equity, beginning of year Owner Investments during the year Dividends during the year Net Income (loss) for the year Equity, end of year CNN 0 87.000 (10,000) (4000) 210,000 55 000) (47000) 000 22.000 104 000 5 $ 85.000 110 000
A sole proprietorship had the following assets and liabilities at the beginning and end of this year. Beginning of the year End of the year Assets $142,000 195,500 Liabilities $60,875 79,178 a. Owner made no investments in the business, and no withdrawals were made during the year. b. Owner made no investments in the business, but withdrew $900 cash per month for personal use. c. Owner made no withdrawals during the year, but the owner did invest an additional $45,000...
A corporation had the following assets and liabilities at the beginning and end of this year. Beginning of the year End of the year Assets $120,500 177,500 Liabilities $51,658 71,888 a. Owner made no investments in the business, and no dividends were paid during the year. b. Owner made no investments in the business, but dividends were $800 cash per month c. No dividends were paid during the year, but the owner did invest an additional $45,000 cash in exchange...
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