eBook Missing amounts from balance sheet and income statement data One item is omitted in each of the following summaries of balance sheet and income statement data for the following four different proprietorships: Determine the missing amounts. Hint: First determine the amount of increase or decrease in owner's equity during the year. Heyward Jones Beginning of the year: Assets Liabilities End of the year: Assets Show Me How Liabilities During the year: Additional investment by owner Withdrawals by owner Revenue Expenses Freeman $300,100 180,100 372,100 162,100 21,000 99,000 54,000 $351,100 182,600 491,500 154,500 70,200 21,100 91,300 $135,000 102,600 121,500 108,000 13,500 155,300 166,100 Ramirez $163,400 337,700 185,200 54,500 79,900 152,500 174,300 Previous Next

Missong amounts from balance uhert and income statement dota Ont item is ommed in sach of the following simmaries of balance sheet and income statement data for the following four orferent groprietorships: Dotermine the missing amounts