Use the information in Problem 1-3B to prepare the current year-end balance sheet for Audi Company. Data
Question:
Use the information in Problem 1-3B to prepare the current year-end
balance sheet for Audi Company.
Data from Problem 1-3B
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Beginning of year Assets.... Liabilities. End of year Assets..... Liabilities... Changes during the year Stock issuances.... ***** Net income (or loss) Cash dividends...... Company Company V W $54,000 25,000 59,000 36,000 5,000 ? 5,500 $ 80,000 60,000 100,000 ? 20,000 40,000 2,000 Company X $141,500 68,500 186,500 65,800 18,500 Company $92,500 51,500 ? 42,000 48,100 24,000 20,000 Company Z $144,000 170,000 42,000 60,000 32,000 8,000
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