Determine the missing amounts. (Hint: First determine the amount of increase or decrease in stockholders' equity during the year.) Round your answers to the nearest dollar. Enter your answers as positive values. Freeman Heyward Jones Ramirez Beginning of the year: Assets $ 693,100 $ 810,900 $ 298,000 $ Liabilities 415,900 421,700 226,500 377,400 End of the year: Assets 859,400 1,135,300 268,200 780,000 Liabilities 374,300 356,800 238,400 427,700 During the year: Additional common stock issued 162,200 29,800 125,800 Dividends 48,500 48,700 184,500 Revenue 228,700 342,700 352,300 Expenses 124,800 210,800 366,500 402,600
Determine the missing amounts. (Hint: First determine the amount of increase or decrease in stockholders' equity during the year.) Round your answers to the nearest dollar. Enter your answers as positive values. Freeman Heyward Jones Ramirez Beginning of the year: Assets $ 693,100 $ 810,900 $ 298,000 $ Liabilities 415,900 421,700 226,500 377,400 End of the year: Assets 859,400 1,135,300 268,200 780,000 Liabilities 374,300 356,800 238,400 427,700 During the year: Additional common stock issued 162,200 29,800 125,800 Dividends 48,500 48,700 184,500 Revenue 228,700 342,700 352,300 Expenses 124,800 210,800 366,500 402,600
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Determine the missing amounts. (Hint: First determine the amount of increase or decrease in
| Freeman | Heyward | Jones | Ramirez | |||||||||
| Beginning of the year: | ||||||||||||
| Assets | $ 693,100 | $ 810,900 | $ 298,000 | $ | ||||||||
| Liabilities | 415,900 | 421,700 | 226,500 | 377,400 | ||||||||
| End of the year: | ||||||||||||
| Assets | 859,400 | 1,135,300 | 268,200 | 780,000 | ||||||||
| Liabilities | 374,300 | 356,800 | 238,400 | 427,700 | ||||||||
| During the year: | ||||||||||||
| Additional common stock issued | 162,200 | 29,800 | 125,800 | |||||||||
| Dividends | 48,500 | 48,700 | 184,500 | |||||||||
| Revenue | 228,700 | 342,700 | 352,300 | |||||||||
| Expenses | 124,800 | 210,800 | 366,500 | 402,600 |
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