Missing Amounts from Balance Sheet and Income Statement Data One item is omitted from each...
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Accounting
Missing Amounts from Balance Sheet and Income Statement Data
One item is omitted from each of the following summaries of balance sheet and income statement data for the following four different corporations. Enter the missing amounts. (Hint: First determine the amount of increase or decrease in stockholders' equity during the year.) Enter negative values as negative numbers.
Line Item Description
Carbon
Krypton
Fluorine
Radium
Beginning of the year:
Assets
$313,000
$363,100
$144,000
$fill in the blank 1
Liabilities
187,800
188,800
109,400
$170,400
End of the year:
Assets
388,100
508,300
129,600
352,200
Liabilities
169,000
159,800
115,200
193,100
During the year:
Additional issuance of common stock
fill in the blank 2
72,600
14,400
56,800
Dividends
21,900
21,800
fill in the blank 3
83,300
Revenue
103,200
fill in the blank 4
165,500
159,100
Expenses
56,300
94,400
177,100
181,800
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