Question: Problem 1-2A Computing missing information using accounting knowledge LO A1, P1 [The following information applies to the questions displayed below.] The following financial statement information

Problem 1-2A Computing missing information using accounting knowledge LO A1, P1 [The following information applies to the questions displayed below.] The following financial statement information is from five separate companies. Company A Company B Company Company D Company E $40,000 32,800 $31,200 21,840 $25,600 13,824 $71,200 49, 127 $109, 200 ? December 31, 2018 Assets Liabilities December 31, 2019 Assets Liabilities During year 2019 Owner investments Net income (loss) Owner cash withdrawals 45,000 ? 32,400 22,032 ? 14,773 81,900 39,312 124, 200 98,118 6,000 10,550 3,500 1,400 ? 2,000 9,750 6, 100 5,875 ? 13,515 0 6,500 8, 742 11,000 Problem 1-2A Part 2 2a. What is the amount of equity on December 31, 2018 for Company B. Assets Liabilities + Equity + $ 0 2b. What is the amount of equity on December 31, 2019 for Company B. Assets = Liabilities + Equity = + $ 0
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