Question: Determine the missing amounts. (Hint: For example, to solve for (a), Assets - Liabilities = Owner's equity = $ 31,000.) Blossom Company Crane Company Cullumber




Determine the missing amounts. (Hint: For example, to solve for (a), Assets - Liabilities = Owner's equity = $ 31,000.) Blossom Company Crane Company Cullumber Company January 1. 2022 Assets $ 78,000 $ 88,000 120.000 (g) Liabilities 47,000 50,000 (d) 75,000 [ Owner's equity 31.000 (a) 38,000 45,000 December 31, 2022 106.000 Assets (b) 105,000 170,000 ( 58,000 Liabilities 70,000 92.000 (h) 48,000 35.000 (e) Owner's equity 78,000 Owner's equity changes in year Determine the missing amounts. (Hint For example, to solve for (a) Assets - Liabilities Owner's equity - $31,000) som mpany Crane Company Cullumber Company Ivanhoe Company $78,000 $ 88,000 120.000 $ 140,000 47.000 50.000 (d) 75,000 6) 31.000 (a) 38.000 45,000 85,000 106,000 (b) 105,000 170,000 (k) 58,000 70,000 92,000 (h) 100,000 48.000 35.000 (e) 78,000 140,000 Additional investment 6000 (c) 6,000 10,000 Drawings 12,000 32000 10 12.000 Total revenues 348,000 405,000 325.000 6 Total expenses 325,000 382,000 340,000 [ ! Cullumber Company Ivanhoe Company 120,000 $ 140,000 75,000 45.000 85,000 170,000 (k) 92.000 ch) 100,000 78,000 140,000 10,000 10,000 MacBook Air 00 DII DD F9 : : 522 FM F10 FY F8 170,000 (k) 92,000 (h) 100,000 78,000 140,000 10,000 10,000 12,000 10,000 375,000 (i) 480,000 340,000 (1)
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