One item is omitted from each of the following summaries of balance sheet and income statement data for the following four different corporations. Ent the missing amounts. (Hint: First determine the amount of increase or decrease in stockholders' equity during the year.) Enter negative values as negative numbers. Beginning of the year: Assets Liabilities End of the year: Assets Liabilities During the year: Additional issuance of common stock Dividends Revenue Expenses Carbon $491,000 294,600 608,800 265,100 34,400 162,100 88,400 Krypton $559,700 291,000 783,600 246,300 111,900 33,600 145,500 Fluorine $225,900 171,700 203,300 180,700 22,600 259,800 277,900 Radium $269,600 557,100 305,500 89,900 131,800 251,600 287,500
One item is omitted from each of the following summaries of balance sheet and income statement data for the following four different corporations. Ent the missing amounts. (Hint: First determine the amount of increase or decrease in stockholders' equity during the year.) Enter negative values as negative numbers. Beginning of the year: Assets Liabilities End of the year: Assets Liabilities During the year: Additional issuance of common stock Dividends Revenue Expenses Carbon $491,000 294,600 608,800 265,100 34,400 162,100 88,400 Krypton $559,700 291,000 783,600 246,300 111,900 33,600 145,500 Fluorine $225,900 171,700 203,300 180,700 22,600 259,800 277,900 Radium $269,600 557,100 305,500 89,900 131,800 251,600 287,500
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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