The following financial statement information is from five separate companies.

	Company A			Company B			Company C			Company D			Company E
December 31, 2018
Assets	$	44,000		$	34,320		$	28,160		$	78,320		$	120,120
Liabilities		36,080			24,024			15,206			54,040			?
December 31, 2019
Assets		49,000			35,280			?			89,180			135,240
Liabilities		?			23,990			16,086			42,806			106,839
During year 2019
Stock issuances		6,000			1,400			9,750			?			6,500
Net income (loss)		11,630			?			7,900			15,094			8,877
Cash dividends		3,500			2,000			5,875			0			11,000

4. Compute the amount of stock issuances for Company D during year 2019.

December 31, 2018
Assets	=	Liabilities	+	Equity
	=		+	$0

December 31, 2019
Assets	=	Liabilities	+	Equity
	=		+	$0

Statement of Shareholder's Equity
Equity, December 31, 2018
Add: Net Income
Add: Stock Issuances
	0
Less: Cash Dividends
Equity, December 31, 2019

Answer rating: 100% (QA)

Answer To find the amount of stock issuances for Company D during the year 2019 we can use the ... View the full answer