eginning alances: ssets abilities nding alances ssets abilities uring the year: Net income / et loss dditional vestment awings KJC 100,000 40,000 215,000 90,000 # 3 50,000 5,000
eginning alances: ssets abilities nding alances ssets abilities uring the year: Net income / et loss dditional vestment awings KJC 100,000 40,000 215,000 90,000 # 3 50,000 5,000
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 11MCQ
Related questions
Question
100%
find the missing amount for #3.
thank you!
![Beginning
balances:
Assets
Liabilities
Ending
Balances
Assets
Liabilities
During the year:
+Net income /
-Net loss
Additional
investment
Drawings
KJC
100,000
40,000
215,000
90,000
#3
50,000
5,000
JBA
200,000
150,000
258,000
130,000
50,000
#4
12,000
HPL
300,000
160,000
283,000
170,000
25,000
8,000
#5
Shim
416, 000
190,000
284,000
170,000
-58,000
6,000
60,000
Hong
250,000
190,000
133, 000
80,000
30,000
3,000
40,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa78a1ca2-1d23-4bcb-8359-c02ab4d610b0%2F95fc991e-12cc-4dbc-baed-8b51f084e138%2F5khb3_processed.png&w=3840&q=75)
Transcribed Image Text:Beginning
balances:
Assets
Liabilities
Ending
Balances
Assets
Liabilities
During the year:
+Net income /
-Net loss
Additional
investment
Drawings
KJC
100,000
40,000
215,000
90,000
#3
50,000
5,000
JBA
200,000
150,000
258,000
130,000
50,000
#4
12,000
HPL
300,000
160,000
283,000
170,000
25,000
8,000
#5
Shim
416, 000
190,000
284,000
170,000
-58,000
6,000
60,000
Hong
250,000
190,000
133, 000
80,000
30,000
3,000
40,000
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