Question: Determine the missing amounts. Financial statement information about four different companies is as follows. (a) Determine the missing amounts. (Hint: For example, to solve for

Determine the missing amounts.

Determine the missing amounts. Financial statement information about four different companies is

Financial statement information about four different companies is as follows. (a) Determine the missing amounts. (Hint: For example, to solve for (a), Assets - Liabilities = Owner's equity = $29,210.) Sandhill Beta Psi Omega Company Company Company Company January 1, 2017 Assets $78,700 $90,020 (9) $155,600 Liabilities 49,490 (d) 75,110 (i) Owner's equity (a) 39,510 47,650 93,660 December 31, 2017 Assets (b) 106,700 189,800 (k) Liabilities 58,230 74,280 ( h ) 102,700 Owner's equity 50,130 (e) 80,540 151,300 Owner's equity changes in year Additional investment (c) 7,260 11,280 16,820 Drawings 16,890 (f) 12,070 10,540 Total revenues 350,500 418,500 (i) 507,200 Total expenses 330,000 382,700 354,600 (1)

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