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 four different corporations, AL, CO, KS, and MT. Enter the missing amounts. Beginning of the year: Assets Liabilities End of the year: Assets Liabilities During the year: Additional issue of capital stock Dividends Revenue Expenses AL $269,600 161,800 334,300 145,600 18,900 89,000 48,500 CO $312,700 162,600 437,800 137,600 62,500 18,800 81,300 KS $126,700 101,400 139,400 101,400 12,700 147,000 155,800 MT 146,800 303,400 166,400 48,900 71,800 137,100 156,600

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 four different corporations, AL, CO, KS, and MT. Enter the missing amounts. Beginning of the year: Assets Liabilities End of the year: Assets Liabilities During the year: Additional issue of capital stock Dividends Revenue Expenses AL $269,600 161,800 334,300 145,600 18,900 89,000 48,500 CO $312,700 162,600 437,800 137,600 62,500 18,800 81,300 KS $126,700 101,400 139,400 101,400 12,700 147,000 155,800 MT 146,800 303,400 166,400 48,900 71,800 137,100 156,600

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter1: The Role Of Accounting In Business

Section: Chapter Questions

Problem 1.15E

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Missing amounts from balance sheet and income statement data One item is omitted im each of the following summaries of balance sheet and income statement data for the following four different corporations: Detremine the missing amounts, identifying them by letter.( Hint:first determine the amount of increase or decrease in stockholder's equity during the year.)
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