Question: 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
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 corporations: Determine the missing amounts. Hint: First determine the amount of increase or decrease in stockholders' equity during the year. Line Item Description Freeman Heyward Jones Ramirez Beginning of the year: Assets $336,700 $380,500 $151,500 fill in the blank 1 Liabilities 202,000 197,900 115,100 $187,900 End of the year: Assets 417,500 532,700 136,400 388,300 Liabilities 181,800 167,400 121,200 212,900 During the year: Additional common stock
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