Question: please help The information presented here represents selected data from the December 31, 2019, balance sheets and income statements for the year then ended for
The information presented here represents selected data from the December 31, 2019, balance sheets and income statements for the year then ended for three firms. Required: Calculate the missing amounts for each firm. Firm A Firm Firm B $ 478,500 88,000 60,500 $ 572,000 225,500 154,000 Total assets, 12/31/19 Total liabilities, 12/31/19 Pald-in capital, 12/31/19 Retained amnings 12/31/19 Net Income for 2019 Dividends declared and and during 2019 Retained earnings 1/1/ 19 64,900 204,600 121,000 74,800 13,200 5,000 89,100 30.800 5 136,400
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