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Two items are omitted from each of the following summaries of the balance sheet and...

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Accounting

Two items are omitted from each of the following summaries of the balance sheet and income statement data for two corporations for the year 2017, Plunkett Co. and Herring Enterprises. Determine the missing amounts. Plunkett Co. Herring Enterprises Beginning of year: Total assets $143,560 $190,920 Total liabilities 125,800 Entry field with correct answer 79920 (c) Total stockholders equity Entry field with correct answer 17760 (a) 111,000 End of year: Total assets 236,800 266,400 Total liabilities 177,600 74,000 Total stockholders equity 59,200 192,400 Changes during year in stockholders equity: Additional investment Entry field with incorrect answer 612720 (b) 37,000 Dividends 35,520 Entry field with incorrect answer 1211 (d) Total revenues 318,200 148,000 Total expenses 259,000 81,400

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