Question: can you please explain how or show the work 2. One item is omitted in each of the following summaries of balance sheet and income
2. One item is omitted in each of the following summaries of balance sheet and income statement data for four different corporations, A,B,C, and D B D $720,000 $125,000 $160,000 (D) $432,000 $ 65,000 $121,600 $150,000 Beginning of the year: Assets Liabilities End of the year: Assets Liabilities During the year: Additional issue of common stock Dividends Revenues Expenses $894,000 $175,000 $144,000 $310,000 $390,000 $ 55,000 $128,000 $170,000 (A) $ 25,000 $ 16,000 $ 50,000 $ 48,000 $ 8,000 (C) $ 75,000 $237,300 (B) $184,000 $140,000 $129,600 $ 32,000 $196,000 $160,000 Determine the missing amounts. [Hint: First determine the amount of increase or decrease in stockholders' equity during the year.] 1
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