Compute the missing amount for each of the following seperate companies in columns B thru E. (Losses and amounts to be deducted should be indicated with a minus sign.)             CBS ABC CNN NBC Equity, beginning of year $0 $0 $0 $0 Owner investments during the year 100,000   91,010 209,956 Owner withdrawals during the year   (51,000) (9,000) (53,000) Net income (loss) for the year 96,000 47,940 (5,000)   Equity, end of year $102,000 $98,940   $109,956

SWFT Comprehensive Volume 2019
42nd Edition
ISBN:9780357233306
Author:Maloney
Publisher:Maloney
Chapter17: Corporations: Introduction And Operating Rules
Section: Chapter Questions
Problem 1BCRQ
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Compute the missing amount for each of the following seperate companies in columns B thru E. (Losses and amounts to be deducted should be indicated with a minus sign.)

 
 
 
 
 
  CBS ABC CNN NBC
Equity, beginning of year $0 $0 $0 $0
Owner investments during the year 100,000   91,010 209,956
Owner withdrawals during the year   (51,000) (9,000) (53,000)
Net income (loss) for the year 96,000 47,940 (5,000)  
Equity, end of year $102,000 $98,940   $109,956
 
 
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