Given the following information, compute stockholders' equity as of December. $52,000 Assets, Dec. 31, 2013 Expenses, 2014 30,000 Liabilities, Dec. 31, 2013 31,000 Issue Common Stock (New Investment M1000. <30000> 11000 a. $30,000 b. $32,000 Ⓒ$35,000 $21,000 By owner) Revenues, 2014 Dividends 52000 A = L + SHE 31000 9,000 41,000 6,000 BrE A CS 9000 + 11000 NI <6000"

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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2. Given the following information, compute stockholders' equity as of December 31, 2014:
BrE
A CS 9000
+ 11000
M1 000,
<30/000
11000
a. $30,000
b. $32,000
$35,000
$21,000
Assets, Dec. 31, 2013
Expenses, 2014
Liabilities, Dec. 31, 2013
Issue Common Stock (New Investment
By owner)
Revenues, 2014
Dividends
A = L + SHE
52000 31000
$52,000
30,000
31,000
9,000
41,000
6,000
NI
<D> <6000>
Transcribed Image Text:2. Given the following information, compute stockholders' equity as of December 31, 2014: BrE A CS 9000 + 11000 M1 000, <30/000 11000 a. $30,000 b. $32,000 $35,000 $21,000 Assets, Dec. 31, 2013 Expenses, 2014 Liabilities, Dec. 31, 2013 Issue Common Stock (New Investment By owner) Revenues, 2014 Dividends A = L + SHE 52000 31000 $52,000 30,000 31,000 9,000 41,000 6,000 NI <D> <6000>
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