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Calculate the amount of the missing item in each of the following independent cases: Equity, January 1 Owner's investments during the year Profit (loss) for the year Owner's withdrawals during the year Equity, December 31 $ $ 0 $ 71,000 26,750 67,000 $ 0 $ 41,500 (38,000) 55,000 C 0 $ 42,500 (5,600) (31,000) $ d 0 48,500 $ 151,000 (9,100) (21,250) (74,000) 43,000 $182,000

Calculate the amount of the missing item in each of the following independent cases: Equity, January 1 Owner's investments during the year Profit (loss) for the year Owner's withdrawals during the year Equity, December 31 $ $ 0 $ 71,000 26,750 67,000 $ 0 $ 41,500 (38,000) 55,000 C 0 $ 42,500 (5,600) (31,000) $ d 0 48,500 $ 151,000 (9,100) (21,250) (74,000) 43,000 $182,000

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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Book rint Calculate the amount of the missing item in each of the following independent cases: Equity, January 1 Owner's investments during the year Profit (loss) for the year Owner's withdrawals during the year Equity, December 31 $ $ 0 $ 71,000 26,750 67,000 $ 0 $ 41,500 (38,000) 55,000 0 42,500 (5,600) (31,000) $ d 0 $ 48,500 0 151,000 (9,100) (21,250) (74,000) $ 43,000 $182,000
Transcribed Image Text:Book rint Calculate the amount of the missing item in each of the following independent cases: Equity, January 1 Owner's investments during the year Profit (loss) for the year Owner's withdrawals during the year Equity, December 31 $ $ 0 $ 71,000 26,750 67,000 $ 0 $ 41,500 (38,000) 55,000 0 42,500 (5,600) (31,000) $ d 0 $ 48,500 0 151,000 (9,100) (21,250) (74,000) $ 43,000 $182,000
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