Question: complete the blanks using the given information The following selected data are for Carducci Importers for its first three years of operations: 2015 2016 2017
complete the blanks using the given information
The following selected data are for Carducci Importers for its first three years of operations: 2015 2016 2017 January 1: Total assets $40,100 (f) 111100 (j) Total liabilities 46,000(k) Total owner's equity 40100 65,100 (I) December 31: Total assets 140,000 170,600 Total liabilities 46,000 (g) 65000 65,000 Total owner's equity 75,000 (m) 105600 Changes during year in owner's equity: 0 (n) Investments by owner during the year Drawings by owner during the year Profit or loss for the year Total revenues for the year Total expenses for the year 7,000 12,400 (h) 36,000 40,000 (o) 30000 132,000 (i) 145000 157,000 105,000 127,000
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