Company A Company B Company C Company D Company E Beginning of year Assets Liabilities End of year $ 46,000 37,720 $ 35,880 25,116 $ 29,440 15,897 $ 81,880 56,497 $ 125,580 ? 92,820 44,553 140,760 111,200 Assets 51,000 ? 36,720 24,969 Liabilities 16,743 Changes during the year Stock issuances Net income (loss) Cash dividends 6,000 12,170 3,500 1,400 ? 9,750 7,300 5,875 6,500 8,944 11,000 ? 15,884 2,000
Company A Company B Company C Company D Company E Beginning of year Assets Liabilities End of year $ 46,000 37,720 $ 35,880 25,116 $ 29,440 15,897 $ 81,880 56,497 $ 125,580 ? 92,820 44,553 140,760 111,200 Assets 51,000 ? 36,720 24,969 Liabilities 16,743 Changes during the year Stock issuances Net income (loss) Cash dividends 6,000 12,170 3,500 1,400 ? 9,750 7,300 5,875 6,500 8,944 11,000 ? 15,884 2,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Company A
Company B
Company C
Company D
Company E
Beginning of year
Assets
$ 46,000
37,720
$ 35,880
25,116
$ 29,440
15,897
$ 81,880
56,497
$ 125,580
Liabilities
End of year
51,000
?
36,720
24,969
92,820
44,553
140,760
111,200
Assets
?
Liabilities
Changes during the year
Stock issuances
Net income (loss)
Cash dividends
16,743
6,000
12,170
3,500
1,400
?
9,750
7,300
5,875
6,500
8,944
11,000
?
15,884
2,000

Transcribed Image Text:Required 1A
Required 1B
Required 1C
What is the amount of equity at the end of the year for Company A?
Equity, beginning of year
8,280
8,280
< Required 1A
Less: Cash dividends
Less: Net income
Less: Net los
Less: Stock issuances
%24
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