Missing Amounts from Balance Sheet and Income Statement Data One item is omitted in each...
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Missing Amounts from Balance Sheet and Income Statement Data One item is omitted in each of the following summaries of balance sheet and income statement data for the following four different corporations: Determine the missing amounts. Hint: First determine the amount of increase or decrease in stockholders' equity during the year. Freeman Heyward Jones Ramirez Beginning of the year: Assets $331,600 $381,300 $145,900 Liabilities 199,000 198,300 110,900 $185,000 End of the year. Assets 382,400 411,200 179,100 Liabilities 533,800 167,800 131,300 116,700 209,700 During the year: Additional issuance of capital stock 76,300 14,600 61,700 Dividends 23,200 22,900 90,500 Revenue 109,400 167,800 172,700 Expenses 59,700 99,100 179,500 197,400
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