Question: Missing Amounts fromBalance SheetandIncome StatementData One item is omitted in each of the following summaries of balance sheet and income statement data for the following

Missing Amounts fromBalance SheetandIncome StatementData

One item is omitted in each of the following summaries of balance sheet and income statement data for the following four differentproprietorships. Enter the missing amounts. (Hint: First determine the amount of increase or decrease inowner's equityduring the year.)

Aquarius Libra Scorpio Taurus
Beginning of the year:
Assets $325,800 $374,700 $156,400
Liabilities 195,500 194,800 118,900 $177,400
End of the year:
Assets 404,000 524,600 140,800 366,600
Liabilities 175,900 164,900 125,100 201,000
During the year:
Additional investment in thebusiness 74,900 15,600 59,100
Withdrawals from the business 22,800 22,500 86,700
Revenue 107,500 180,000 165,600
Expenses 58,600 97,400 192,400 189,200

I need someone to please explain to me how to do this! I got this wrong on my homework and already have the answers but I need someone to show me the steps to find each missing amount. Thanks so much in advance

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