Two items are omitted from each of the following summaries of balance sheet and income statement data for two corporations for the year 2022, Cullumber Company and Ayayai Enterprises. Determine the missing amounts. Beginning of year: Total assets Total liabilities Total stockholders' equity End of year: Total Total liabilities Total stockholders' equity Changes during year in stockholders' equity: Additional investment Dividends Total revenues Total expenses Cullumber Company $98,940 86,700 163,200 122,400 40,800 24.480 219,300 178.500 (a) (b) Ayayai Enterprises $131,580 76,500 183,600 51.000 132,600 25,500 102,000 56,100 (c) (d)
Two items are omitted from each of the following summaries of balance sheet and income statement data for two corporations for the year 2022, Cullumber Company and Ayayai Enterprises. Determine the missing amounts. Beginning of year: Total assets Total liabilities Total stockholders' equity End of year: Total Total liabilities Total stockholders' equity Changes during year in stockholders' equity: Additional investment Dividends Total revenues Total expenses Cullumber Company $98,940 86,700 163,200 122,400 40,800 24.480 219,300 178.500 (a) (b) Ayayai Enterprises $131,580 76,500 183,600 51.000 132,600 25,500 102,000 56,100 (c) (d)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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