Problem 1: Supply the missing amounts for ABC Company. CASE 1 50,000 65,000 80,000 21-22) 800,000 50,000 23-24) CASE 2 27-28) 70,000 80,000 500,000 29-30) CASE 3 200,000 125,000 175,000 450,000 Cash Accounts Receivable Inventory Building Total Assets Accounts Payable Notes Payable Total Liabilities Capital, Beginning Revenue Expenses Net Income (Los) Additional Investment | 25-26) Withdrawal Capital, Ending 350,000 550,000 300,000 750,000 550,000 33-34) 150,000 35-36) 250,000 880,000 150,000 800,000 980,000 100,000 600,000 115,000 200,000 31-32) 330,000 120,000 37-38) 500,000
Problem 1: Supply the missing amounts for ABC Company. CASE 1 50,000 65,000 80,000 21-22) 800,000 50,000 23-24) CASE 2 27-28) 70,000 80,000 500,000 29-30) CASE 3 200,000 125,000 175,000 450,000 Cash Accounts Receivable Inventory Building Total Assets Accounts Payable Notes Payable Total Liabilities Capital, Beginning Revenue Expenses Net Income (Los) Additional Investment | 25-26) Withdrawal Capital, Ending 350,000 550,000 300,000 750,000 550,000 33-34) 150,000 35-36) 250,000 880,000 150,000 800,000 980,000 100,000 600,000 115,000 200,000 31-32) 330,000 120,000 37-38) 500,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Find the missing amount
Transcribed Image Text:Problem 1: Supply the missing amounts for ABC Company.
CASE 1
50,000
65,000
80,000
21-22)
800,000
50,000
23-24)
CASE 3
200,000
125,000
175,000
450,000
CASE 2
27-28)
70,000
80,000
500,000
29-30)
Cash
Accounts Receivable
Inventory
Building
Total Assets
Accounts Payable
Notes Payable
Total Liabilities
Capital, Beginning
Revenue
Expenses
Net Income (Loss)
Additional Investment | 25-26)
Withdrawal
Capital, Ending
150,000
800,000
980,000
350,000
550,000
300,000
750,000
550,000
33-34)
150,000
35-36)
250,000
880,000
100,000
600,000
115,000
200,000
31-32)
330,000
120,000
37-38)
500,000
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