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Omitted Financial Statement Data For the following four unrelated situations, A through D, calculate the unknown amounts appearing in each column: B C Beginning Assets $45,000 $32,000 $53,000 $ (d) Liabilities 32,000 15,000 49,000 19,000 Ending Assets 50,000 30,000 41,000 52,000 Liabilities 22,000 (b) 20,000 24,000 During Year Sales Revenue (a) 30,000 31,000 27,000 Expenses 12,000 22,000 12,000 19,000 Dividends 2,000 3,000 (c) 8,000 (a)$ 0 (b)$ 0 (c)$ 0 (d)$

Omitted Financial Statement Data For the following four unrelated situations, A through D, calculate the unknown amounts appearing in each column: B C Beginning Assets $45,000 $32,000 $53,000 $ (d) Liabilities 32,000 15,000 49,000 19,000 Ending Assets 50,000 30,000 41,000 52,000 Liabilities 22,000 (b) 20,000 24,000 During Year Sales Revenue (a) 30,000 31,000 27,000 Expenses 12,000 22,000 12,000 19,000 Dividends 2,000 3,000 (c) 8,000 (a)$ 0 (b)$ 0 (c)$ 0 (d)$

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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Omitted Financial Statement Data For the following four unrelated situations, A through D, calculate the unknown amounts appearing in each column: B C Beginning Assets $45,000 $32,000 $53,000 $ (d) Liabilities 32,000 15,000 49,000 19,000 Ending Assets 50,000 30,000 41,000 52,000 Liabilities 22,000 (b) 20,000 24,000 During Year Sales Revenue (a) 30,000 31,000 27,000 Expenses 12,000 22,000 12,000 19,000 Dividends 2,000 3,000 (c) 8,000 (a)$ 0 (b)$ 0 (c)$ 0 (d)$
Transcribed Image Text:Omitted Financial Statement Data For the following four unrelated situations, A through D, calculate the unknown amounts appearing in each column: B C Beginning Assets $45,000 $32,000 $53,000 $ (d) Liabilities 32,000 15,000 49,000 19,000 Ending Assets 50,000 30,000 41,000 52,000 Liabilities 22,000 (b) 20,000 24,000 During Year Sales Revenue (a) 30,000 31,000 27,000 Expenses 12,000 22,000 12,000 19,000 Dividends 2,000 3,000 (c) 8,000 (a)$ 0 (b)$ 0 (c)$ 0 (d)$
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For A how is 29,000 being found for sales revenue. I am not understanding where to put what numbers where to get to 29000

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