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
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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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