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' equityduring the year.

Freeman Heyward Jones Ramirez
Beginning of the year:
Assets $272,600 $310,800 $128,100 fill in the blank 1
Liabilities 163,600 161,600 97,400 $153,400
End of the year:
Assets 338,000 435,100 115,300 316,900
Liabilities 147,200 136,800 102,500 173,800
During the year:
Additional issuance of capital stock fill in the blank 2 62,200 12,800 51,100
Dividends 19,100 18,600 fill in the blank 3 75,000
Revenue 90,000 fill in the blank 4 147,400 143,200
Expenses 49,100 80,800 157,600 163,600

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