Question

EA2. LO 2.1 For each independent situation below, calculate the missing values for owner': Beginning Balance + Investments - Distributions = Ending Balance $ 22,750 $ 12,000 17,630 7,500 $ 66,330 75,300 163,200 138,900 175,300 159,530 85,800 62,750 43,900

Answer 1

Solution in Tabular form as below:

Case -1
Beginning Balance + Investments - Distribution = Ending Balance
Debit		Credit
Particulars	Amount	Particulars	Amount
Beginning Balance {A)	$0	Distributions {C)	$12,000
Investments {B)	$22,750	Ending Baalnce {Balancing Figure) or A+B-C	$10,750
Total	$22,750	Total	$22,750
Case -2
Beginning Balance + Investments - Distribution = Ending Balance
Debit		Credit
Particulars	Amount	Particulars	Amount
Beginning Balance {A}	$17,630	Distributions {B}	$7,500
Investments (Balancing Figure) or B+C-A	$56,200	Ending Baalnce {C}	$66,330
Total	$73,830	Total	$73,830
Case -3
Beginning Balance + Investments - Distribution = Ending Balance
Debit		Credit
Particulars	Amount	Particulars	Amount
Beginning Balance (Balancing Figure) or B+C-A	$226,800	Distributions {B}	$163,200
Investments {A}	$75,300	Ending Baalnce {C}	$138,900
Total	$302,100	Total	$302,100
Case -4
Beginning Balance + Investments - Distribution = Ending Balance
Debit		Credit
Particulars	Amount	Particulars	Amount
Beginning Balance {A}	$0	Distributions (Balancing Figure) or A+B-C	$15,770
Investments {B}	$175,300	Ending Baalnce {C}	$159,530
Total	$175,300	Total	$175,300
Case -5
Beginning Balance + Investments - Distribution = Ending Balance
Debit		Credit
Particulars	Amount	Particulars	Amount
Beginning Balance {A}	$85,800	Distributions {C}	$43,900
Investments {B}	$62,750	Ending Baalnce (Balancing Figure) or A+B-C	$104,650
Total	$148,550	Total	$148,550
Final Summary of Answer
Beginning Balance	Investments	Distributions	Ending Baalnce
$0	$22,750	$12,000	$10,750
$17,630	$56,200	$7,500	$66,330
$226,800	$75,300	$163,200	$138,900
$0	$175,300	$15,770	$159,530
$85,800	$62,750	$43,900	$104,650