Number 2

The following financial statement information is from five separate companies Problem 1-2A Computing missing Information using Accounting knowledge Company Company Company 8 Company C Company D A1 P1 0 $55,000 24.500 $34,000 21,500 $24,000 9,000 $60.000 40,000 $119.000 ? December 31, 2018 Assets Lisbites December 31, 2019 Atsets Liabilities During year 2019 Stock suances Net income foss) Cash dividends 58,009 ? 40.000 26,500 85.000 24,000 113,000 70,000 29,000 1,400 6.000 8.500 3.500 9.750 8,000 5,875 14,000 6,500 20,000 11,000 2.000 Check $41.500 Required 1. Answer the following questions about Company A. a. What is the amount of equity on December 31, 2018? b. What is the amount of equity on December 31, 20197 c. What is the amount of liabilities on December 31, 2019? 2. Answer the following questions about Company B. a. What is the amount of equity on December 31, 2018? b. What is the amount of equity on December 31, 20192 c. What is net income for year 20197 (20 11.600 etmed on me page