For the two independent cases that follow, determine the missing amount for each letter. Case Case 2
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Case Case 2 Revenues Expenses Net earnings Dividends declared Retained earnings: A 29,000 17,00025,000 2,000 500 Beginning of year End of year 10,000 B 1,000 6,000 Total assets: Beginning of year End of year 28,000 Total liabilities Beginning of year End of year 10,500 9,500 9,000 Share capital 1,000 Beginning of year End of year 8,500 Additional investments made by shareholders during the year 4,0003,500
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a 19000 b 7500 c ...View the full answer
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Related Book For
Financial Accounting A User Perspective
ISBN: 978-0470676608
6th Canadian Edition
Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry
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