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 Liabilities Ending Assets Liabilities During Year Sales Revenue Expenses Dividends (a)$ A $45,000 32,000 50,000 22,000 (a) 12,000 2,000 (b)$ $32,000 15,000 30,000 (b) 30,000 22,000 3,000 8,000 (c)$ $53,000 49,000 41,000 20,000 31,000 12,000 (c) (d)$ D $ (d) 19,000 52,000 24,000 27,000 19,000 8,000

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 Liabilities Ending Assets Liabilities During Year Sales Revenue Expenses Dividends (a)$ A $45,000 32,000 50,000 22,000 (a) 12,000 2,000 (b)$ $32,000 15,000 30,000 (b) 30,000 22,000 3,000 8,000 (c)$ $53,000 49,000 41,000 20,000 31,000 12,000 (c) (d)$ D $ (d) 19,000 52,000 24,000 27,000 19,000 8,000

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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