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
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter8: Liabilities And Stockholders' Equity
Section: Chapter Questions
Problem 8.1.2MBA
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Ok that makes sense and a lot of help but when I take those formulas to this equation the dividends answer is wrong?
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