Compute the amount of assets for Company C at the end of the year
Compute the amount of stock issuances for Company D during the year
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Required information [The following information applies to the questions displayed below.] The following financial statement information is from five separate companies. Company A Company B Company C Beginning of year Assets Liabilities $ 35,000 28,700 $ 27,300 19,110 $ 22,400 12,096 End of year 40,000 28,800 ? Assets Liabilities Changes during the year ? 19,584 13,132 Stock issuances 6,000 1,400 9,750 Net income (loss) 9,200 ? 7,900 Cash dividends 3,500 2,000 5,875 3. Compute the amount of assets for Company C at the end of the year. 4. Compute the amount of stock issuances for Company D during the year. 5. Compute the amount of liabilities for Company E at the beginning of the year. Company D $ 62,300 42,987 72,800 34,944 ? 11,543 0 Company E $ 95,550 ? 110,400 87,216 6,500 8,574 11,000
Compute the amount of assets for Company C at the end of the year. Beginning of Year Assets Liabilities Equity + Equity, beginning of year Equity, end of year End of Year Assets 60 || IT 11 0 = 11 Liabilities 0 + $ Equity 0
Compute the amount of stock issuances for Company D during the year. Beginning of Year Assets Liabilities + Equity + End of Year Assets Liabilities + Equity + Equity, beginning of year Less: Cash dividends Equity, end of year 11 11 11 11 0 0 $ 69 $ 0