Question

$ 002 255,00 $ 18,00 133.000 End of the year 50.00 230,700 216,00 165,100 147.000 18.00 During the year Additional common Dividende Rev 1,100 29,500 29.00 141.100 76,00 717,00 127.00 211.200 22.000

Answer 1

Freeman Heyward Jones Ramirez $ 427,300 $ 491,400 $ 183,700 $ 518,000 $ 256,400 $ 255,500 $ 139,600 $ 233,700 Beginning of the year: Assets Liabilities End of the year: Assets Liabilities During the year: Additional common stock issued Dividends Revenue Expenses $ 529,900 $ 688,000 $ 165,300 $ 480,800 $ 230,700 $ 216,200 $ 147,000 $ 263,700 $ 94,000$ 98,300 $ 18,400 $ 77,600 $ 29,900 $ 29,500 $ 29,400 $ 113,700 $ 141,100 $ 294,900 $ 211,200 $ 217,100 $ 76,900 $ 127,800 $ 226,000 $ 248,200 Note 1 - For Freeman Beginning Equity Ending Equity (427300-256400) (529900-230700) $ 170,900 $ 299,200 Increase in Equity During the year (299200-170900) or, Additional comm stock - Dividend + Revenue - Expenses or, Additional comm stock - $ 29,900 + $ 141,100 - $ 76,900 or, Additional comm stock (128300+29900-141100+76900) $ 128,300 $ 128,300 $ 128,300 $ 94,000 Note 2 - For Heyward Beginning Equity Ending Equity (491400-255500) (688000-216200) $ 235,900 $ 471,800 Decrease in Equity During the year (471800-235900) or, Additional comm stock - Dividend + Revenue - Expenses or, $ 98,300 - $ 29,500 + Revenue - $ 127,800 or, Revenue (235900-98300+29500+127800) $ 235,900 $ 235,900 $ 235,900 $ 294,900

Note 3- For Jones Beginning Equity Ending Equity (491400-255500) (688000-216200) $ 44,100 $ 18,300 Decrease in Equity During the year (18300-44100) or, Additional comm stock - Dividend + Revenue - Expenses or, $ 18,400 - Dividend + $ 211,200 - $ 226,000 or, Dividend (18400+25800+211200-226000) $ (25,800) $ (25,800) $ (25,800) $ 29,400 Note 4- For Ramirez Decrease in Equity Ending Equity (77600-113700+217100-248200) (480800-263700) $ (67,200) $ 217,100 Beginning Equity (217100+67200) Or, Beginning Assets - Beginning Liabilities Or, Beginning Assets - $ 233,700 Or, Beginning Assets (284300+233700) $ 284,300 $ 284,300 $ 284,300 $ 518,000