es Problem 1-2A (Static) Computing missing information using accounting knowledge LO A1 [The following information applies...

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es Problem 1-2A (Static) Computing missing information using accounting knowledge LO A1 [The following information applies to the questions displayed below.] The following financial statement information is from five separate companies. Company A Company B Company C $ 34,000 $ 55,000 24,500 $ 24,000 9,000 21,500 Beginning of year Assets Liabilities End of year Assets Liabilities Changes during the year Owner investments Net income (loss) Owner withdrawals Problem 1-2A (Static) Part 5 End of Year Assets = = Liabilities 5. Compute the amount of liabilities for Company E at the beginning of the year. + Equity, beginning of year + Statement of Owner's Equity 58,000 ? 6,000 8,500 3,500 40,000 26,500 Equity 1,400 ? 2,000 ? 29,000 Prey 9,750 8,000 5,875 S 13 of 13 Company D $ 60,000 40,000 85,000 24,000 ? 14,000 0 Next Company E $ 119,000 ? 113,000 70,000 6,500 20,000 11,000 es Problem 1-2A (Static) Computing missing information using accounting knowledge LO A1 [The following information applies to the questions displayed below.] The following financial statement information is from five separate companies. Company A Company B Company C $ 34,000 $ 55,000 24,500 $ 24,000 9,000 21,500 Beginning of year Assets Liabilities End of year Assets Liabilities Changes during the year Owner investments Net income (loss) Owner withdrawals Problem 1-2A (Static) Part 5 End of Year Assets = = Liabilities 5. Compute the amount of liabilities for Company E at the beginning of the year. + Equity, beginning of year + Statement of Owner's Equity 58,000 ? 6,000 8,500 3,500 40,000 26,500 Equity 1,400 ? 2,000 ? 29,000 Prey 9,750 8,000 5,875 S 13 of 13 Company D $ 60,000 40,000 85,000 24,000 ? 14,000 0 Next Company E $ 119,000 ? 113,000 70,000 6,500 20,000 11,000

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