Equity = Total assets - Liabiltiies | ||||||
a. | b. | c. | d. | |||
Beginning Equity | 76554 | 76554 | 76554 | 76554 | ||
Owner investment | 0 | 0 | 45000 | 35000 | ||
Dividend | 0 | 12000 | 0 | 12000 | ||
Net income | 28166 | 40166 | -16834 | 5166 | ||
Ending Equity | 104720 | 104720 | 104720 | 104720 | ||
help please (Ch. 1-3) Saved Help A corporation had the following assets and liabilities at the...
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 Liabilities $97,000 $41,584 148,000 59,940 3. 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 $750 cash per month. C. No dividends were paid during the year, but the owner did invest an additional $45,000 cash in exchange...
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...
A corporation had the following assets and liabilities at the beginning and end of this year. 1.42 points Beginning of the year End of the year Assets $112,500 162,500 Liabilities $ 48,229 65,813 eBook 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 $1,150 cash per month. c. No dividends were paid during the year, but the owner did invest an additional...
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 $ 89,500 133,500 Liabilities $ 38,369 54,068 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 $600 cash per month c. No dividends were paid during the year, but the owner did invest an additional $45,000 cash...
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 $126,000 172,500 Liabilities $54,016 69,863 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 $950 cash per month. C. No dividends were paid during the year, but the owner did invest an additional $45,000 cash in exchange...
Exercise 2-15 Computing net income LO A1 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 Liabilities 121,500 $ 52,087 179,500 72,698 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 $1,200 cash per month. c. No dividends were paid during the year, but the owner...
Exercise 2-15 Computing net income LO A1 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 $112,500 155,000 Liabilities $48,229 62,775 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 $1,200 cash per month c. No dividends were paid during the year, but the owner did...
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 $100,500 157,000 Liabilities $43,084 63,585 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 $1,300 cash per month c. No dividends were paid during the year, but the owner did invest an additional $45,000 cash in exchange...
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...
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...