Question: Determine the missing amounts. ( Hint: For example, to solve for (a), Assets Liabilities = Stockholders Equity = $28,500.) Flint Company Windsor Company Michelangelo Company
Determine the missing amounts. (Hint: For example, to solve for (a), Assets Liabilities = Stockholders Equity = $28,500.)
| Flint Company | Windsor Company | Michelangelo Company | Raphael Company | |||||||||
| January 1, 2019 | ||||||||||||
| Assets | $ 85,500 | $125,400 | $ | (g) | $171,000 | |||||||
| Liabilities | 57,000 | (d) | 85,500 | (j) | ||||||||
| Stockholders equity | (a) | 68,400 | 51,300 | 114,000 | ||||||||
| December 31, 2019 | ||||||||||||
| Assets | (b) | 156,180 | 228,000 | (k) | ||||||||
| Liabilities | 62,700 | 85,500 | (h) | 91,200 | ||||||||
| Stockholders equity | 45,600 | (e) | 148,200 | 159,600 | ||||||||
| Stockholders equity changes in year | ||||||||||||
| Additional investment | (c) | 17,100 | 11,400 | 17,100 | ||||||||
| Dividends | 11,400 | (f) | 15,960 | 11,400 | ||||||||
| Total revenues | 399,000 | 478,800 | (i) | 570,000 | ||||||||
| Total expenses | 376,200 | 438,900 | 389,880 | (l) | ||||||||
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