Question: Determine the missing amounts. ( Hint: For example, to solve for (a), Assets Liabilities = Owners equity = $ 29,640.) Sandhill Company Beta Company Psi
Determine the missing amounts. (Hint: For example, to solve for (a), Assets Liabilities = Owners equity = $ 29,640.)
| Sandhill Company | Beta Company | Psi Company | Omega Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| January 1, 2017 | ||||||||||||
| Assets | $ 79,380 | $ 91,660 | $ enter a dollar amount | (g) | $ 140,300 | |||||||
| Liabilities | 49,740 | enter a dollar amount | (d) | 79,060 | enter a dollar amount | (j) | ||||||
| Owners equity | enter a dollar amount | (a) | 40,130 | 46,990 | 91,230 | |||||||
| December 31, 2017 | ||||||||||||
| Assets | enter a dollar amount | (b) | 106,500 | 175,100 | enter a dollar amount | (k) | ||||||
| Liabilities | 59,380 | 74,350 | enter a dollar amount | (h) | 106,400 | |||||||
| Owners equity | 51,440 | enter a dollar amount | (e) | 82,920 | 156,900 | |||||||
| Owners equity changes in year | ||||||||||||
| Additional investment | enter a dollar amount | (c) | 8,560 | 10,540 | 13,100 | |||||||
| Drawings | 16,500 | enter a dollar amount | (f) | 12,150 | 12,260 | |||||||
| Total revenues | 350,100 | 415,400 | enter a dollar amount | (i) | 506,700 | |||||||
| Total expenses | 336,500 | 382,800 | 342,000 | enter a dollar amount | (l) | |||||||
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