1.

Determine the missing amounts. (Hint: For example, to solve for (a), Assets Liabilities = Owners equity = $30,770.)

		Crane Company			Beta Company			Psi Company			Omega Company
January 1, 2017
Assets		$80,440			$89,330			$enter a dollar amount	(g)		$144,400
Liabilities		49,670			enter a dollar amount	(d)		80,690			enter a dollar amount	(j)
Owners equity		enter a dollar amount	(a)		38,180			47,840			88,600
December 31, 2017
Assets		enter a dollar amount	(b)		114,400			171,700			enter a dollar amount	(k)
Liabilities		58,830			72,840			enter a dollar amount	(h)		100,700
Owners equity		51,210			enter a dollar amount	(e)		80,890			152,200
Owners equity changes in year
Additional investment		enter a dollar amount	(c)		8,370			11,480			17,860
Drawings		15,360			enter a dollar amount	(f)		12,080			11,900
Total revenues		348,300			413,700			enter a dollar amount	(i)		519,900
Total expenses		335,000			387,100			355,700			enter a dollar amount	(l)