Missing Amounts from Balance Sheet and Income Statement Data One item is omitted in each of the following summaries of balance sheet and income statement data for four different corporations, AL, CO, KS, and MT. Enter the missing amounts. Beginning of the year: Assets Liabilities End of the year: Assets Liabilities During the year: Additional issue of capital stock Dividends Revenue Expenses AL $263,700 158,200 327,000 142,400 18,500 87,100 47,500 co $305,900 159,100 428,300 134,600 61,200 18,400 79,500 KS $121,300 97,000 133,400 97,000 12,100 140,700 149,200 MT 148,300 306,500 168,100 49,400 72,500 138,400 158,200
Missing Amounts from Balance Sheet and Income Statement Data One item is omitted in each of the following summaries of balance sheet and income statement data for four different corporations, AL, CO, KS, and MT. Enter the missing amounts. Beginning of the year: Assets Liabilities End of the year: Assets Liabilities During the year: Additional issue of capital stock Dividends Revenue Expenses AL $263,700 158,200 327,000 142,400 18,500 87,100 47,500 co $305,900 159,100 428,300 134,600 61,200 18,400 79,500 KS $121,300 97,000 133,400 97,000 12,100 140,700 149,200 MT 148,300 306,500 168,100 49,400 72,500 138,400 158,200
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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