January 1, 2022 Assets Liabilities Stockholders' equity December 31, 2022 Assets Liabilities Stockholders' equity $94,500 63,000 31,500 119,700 (b) 69,300 (a) 50,400 $138,600 63000 75,600 172,620 94,500 78,120 (d) (e) 151,200 94,500 56,700 252,000 88,200 163,800 (g) (h)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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January 1,
2022
Assets
Liabilities
Stockholders'
equity
December 31,
2022
Assets
Liabilities
Stockholders'
equity
Novak Company
$ 94,500
63,000
31,500
119,700 (b)
69,300
(a)
50,400
Bramble Company
$138,600
63000
75,600
172,620
94,500
78,120
(d)
(e)
Michelangelo Company
151,200
94,500
56,700
252,000
88,200
163,800
(g)
(h)
Transcribed Image Text:January 1, 2022 Assets Liabilities Stockholders' equity December 31, 2022 Assets Liabilities Stockholders' equity Novak Company $ 94,500 63,000 31,500 119,700 (b) 69,300 (a) 50,400 Bramble Company $138,600 63000 75,600 172,620 94,500 78,120 (d) (e) Michelangelo Company 151,200 94,500 56,700 252,000 88,200 163,800 (g) (h)
Stockholders'
equity changes
in year
Additional
investment
Dividends
Total
revenues
Total
expenses
12,600
441,000
415,800
(c)
18,900
529,200
485,100
(f)
12,600
17,640
430,920
(i)
Transcribed Image Text:Stockholders' equity changes in year Additional investment Dividends Total revenues Total expenses 12,600 441,000 415,800 (c) 18,900 529,200 485,100 (f) 12,600 17,640 430,920 (i)
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