Beginning of the year: Assets Liabilities End of the year: Assets Liabilities During the year: Additional issue of capital stock Dividends Revenue Expenses AL $326,500 195,900 404,900 176,300 22,900 107,900 58,800 X CO $368,900 191,800 516,500 162,300 73,800 22,100 73,800 X 95,900 KS $140,400 112,300 154,400 112,300 14,000 9,800 ✓ 162,900 172,700 MT 177,800 367,400 201,500 59,300 86,900 165,800 189,600
Beginning of the year: Assets Liabilities End of the year: Assets Liabilities During the year: Additional issue of capital stock Dividends Revenue Expenses AL $326,500 195,900 404,900 176,300 22,900 107,900 58,800 X CO $368,900 191,800 516,500 162,300 73,800 22,100 73,800 X 95,900 KS $140,400 112,300 154,400 112,300 14,000 9,800 ✓ 162,900 172,700 MT 177,800 367,400 201,500 59,300 86,900 165,800 189,600
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
I'm having trouble figuring out the rest of the answers to this problem.

Transcribed Image Text:Beginning of the year:
Assets
Liabilities
End of the year:
Assets
Liabilities
During the year:
Additional issue of capital
stock
Dividends
Revenue
Expenses
Feedback
AL
$326,500
195,900
404,900
176,300
22,900
107,900
58,800
X
CO
$368,900
191,800
516,500
162,300
73,800
22,100
73,800 X
95,900
KS
$140,400
112,300
154,400
112,300
14,000
9,800 ✓
162,900
172,700
MT
177,800
367,400
201,500
59,300
86,900
165,800
189,600
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Follow-up Question
Ok that makes sense and a lot of help but when I take those formulas to this equation the dividends answer is wrong?

Transcribed Image Text:Beginning of the year:
Assets
Liabilities
End of the year:
Assets
Liabilities
During the year:
Additional issuance of common stock
Dividends
Revenue
Expenses
Carbon
$404,300
242,600
501,300
218,300
88,900 ✔
28,300
133,500
72,800
Krypton
$469,000
243,900
656,600
206,400
93,800
28,100
281,300 ✓
121,900
Fluorine
$169,800
129,000
152,800
135,800
17,000
54,400 X
195,300
208,900
Radium
275,700 X
$225,600
466,200
255,700
75,200
110,300
210,500
240,600
Solution
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