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C v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker-assignments&takeAssignmentSession Locator-assignment-take&inprogress=false ☆ Finish update: Excel: Chapter 1 eBook 1. EX.01.07.EXCEL.ALGO 2. EX.01.20.EXCEL.ALGO Show Me How Missing amounts from balance sheet and income statement data Office 365 One item is omitted in each of the following summaries of balance sheet and income statement data for the following four different proprietorships. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Open spreadsheet Determine the missing amounts. (Hint: First, determine the amount of increase or decrease in owner's equity during the year.) Round your answers to the nearest dollar. Enter your answers as positive values. Feedback Check My Work Freeman Heyward Jones Ramirez Beginning of the year: Assets $ 884,000 $ 1,034,300 $ 406,600 $ Liabilities 530,400 537,800 309,000 481,300 End of the year: Assets 1,096,200 1,448,000 365,900 994,700 Liabilities 477,400 455,100 325,300 545,500 During the year: Additional common stock issued 206,900 40,700 160,400 Dividends 61,900 62,100 235,300 Revenue 291,700 X 467,500 449,200 Expenses 159,100 268,900 500,100 513,400 Freeman: Determine the change in owner's equity from the beginning to the end of the year. Consider the change in owner's equity during the year. Heyward: Rearrange the following equation using the information available: Beginning Owner's Equity + Additional Common Stock Issued - Dividends + Revenue - Expenses = Ending Owner's Equity. Jones: Rearrange the following equation using the information available: Beginning Owner's Equity + Additional Common Stock Issued - Dividends + Revenue - Expenses = Ending Owner's Progress: 2/2 items Check My Work Assignment Score: 50% All work saved. Previous ? CO Save and Exit Submit Assignment for Grading

C v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker-assignments&takeAssignmentSession Locator-assignment-take&inprogress=false ☆ Finish update: Excel: Chapter 1 eBook 1. EX.01.07.EXCEL.ALGO 2. EX.01.20.EXCEL.ALGO Show Me How Missing amounts from balance sheet and income statement data Office 365 One item is omitted in each of the following summaries of balance sheet and income statement data for the following four different proprietorships. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Open spreadsheet Determine the missing amounts. (Hint: First, determine the amount of increase or decrease in owner's equity during the year.) Round your answers to the nearest dollar. Enter your answers as positive values. Feedback Check My Work Freeman Heyward Jones Ramirez Beginning of the year: Assets $ 884,000 $ 1,034,300 $ 406,600 $ Liabilities 530,400 537,800 309,000 481,300 End of the year: Assets 1,096,200 1,448,000 365,900 994,700 Liabilities 477,400 455,100 325,300 545,500 During the year: Additional common stock issued 206,900 40,700 160,400 Dividends 61,900 62,100 235,300 Revenue 291,700 X 467,500 449,200 Expenses 159,100 268,900 500,100 513,400 Freeman: Determine the change in owner's equity from the beginning to the end of the year. Consider the change in owner's equity during the year. Heyward: Rearrange the following equation using the information available: Beginning Owner's Equity + Additional Common Stock Issued - Dividends + Revenue - Expenses = Ending Owner's Equity. Jones: Rearrange the following equation using the information available: Beginning Owner's Equity + Additional Common Stock Issued - Dividends + Revenue - Expenses = Ending Owner's Progress: 2/2 items Check My Work Assignment Score: 50% All work saved. Previous ? CO Save and Exit Submit Assignment for Grading

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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C v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker-assignments&takeAssignmentSession Locator-assignment-take&inprogress=false ☆ Finish update: Excel: Chapter 1 eBook 1. EX.01.07.EXCEL.ALGO 2. EX.01.20.EXCEL.ALGO Show Me How Missing amounts from balance sheet and income statement data Office 365 One item is omitted in each of the following summaries of balance sheet and income statement data for the following four different proprietorships. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Open spreadsheet Determine the missing amounts. (Hint: First, determine the amount of increase or decrease in owner's equity during the year.) Round your answers to the nearest dollar. Enter your answers as positive values. Feedback Check My Work Freeman Heyward Jones Ramirez Beginning of the year: Assets $ 884,000 $ 1,034,300 $ 406,600 $ Liabilities 530,400 537,800 309,000 481,300 End of the year: Assets 1,096,200 1,448,000 365,900 994,700 Liabilities 477,400 455,100 325,300 545,500 During the year: Additional common stock issued 206,900 40,700 160,400 Dividends 61,900 62,100 235,300 Revenue 291,700 X 467,500 449,200 Expenses 159,100 268,900 500,100 513,400 Freeman: Determine the change in owner's equity from the beginning to the end of the year. Consider the change in owner's equity during the year. Heyward: Rearrange the following equation using the information available: Beginning Owner's Equity + Additional Common Stock Issued - Dividends + Revenue - Expenses = Ending Owner's Equity. Jones: Rearrange the following equation using the information available: Beginning Owner's Equity + Additional Common Stock Issued - Dividends + Revenue - Expenses = Ending Owner's Progress: 2/2 items Check My Work Assignment Score: 50% All work saved. Previous ? CO Save and Exit Submit Assignment for Grading
Transcribed Image Text:C v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker-assignments&takeAssignmentSession Locator-assignment-take&inprogress=false ☆ Finish update: Excel: Chapter 1 eBook 1. EX.01.07.EXCEL.ALGO 2. EX.01.20.EXCEL.ALGO Show Me How Missing amounts from balance sheet and income statement data Office 365 One item is omitted in each of the following summaries of balance sheet and income statement data for the following four different proprietorships. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Open spreadsheet Determine the missing amounts. (Hint: First, determine the amount of increase or decrease in owner's equity during the year.) Round your answers to the nearest dollar. Enter your answers as positive values. Feedback Check My Work Freeman Heyward Jones Ramirez Beginning of the year: Assets $ 884,000 $ 1,034,300 $ 406,600 $ Liabilities 530,400 537,800 309,000 481,300 End of the year: Assets 1,096,200 1,448,000 365,900 994,700 Liabilities 477,400 455,100 325,300 545,500 During the year: Additional common stock issued 206,900 40,700 160,400 Dividends 61,900 62,100 235,300 Revenue 291,700 X 467,500 449,200 Expenses 159,100 268,900 500,100 513,400 Freeman: Determine the change in owner's equity from the beginning to the end of the year. Consider the change in owner's equity during the year. Heyward: Rearrange the following equation using the information available: Beginning Owner's Equity + Additional Common Stock Issued - Dividends + Revenue - Expenses = Ending Owner's Equity. Jones: Rearrange the following equation using the information available: Beginning Owner's Equity + Additional Common Stock Issued - Dividends + Revenue - Expenses = Ending Owner's Progress: 2/2 items Check My Work Assignment Score: 50% All work saved. Previous ? CO Save and Exit Submit Assignment for Grading
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