Question: Question 2 company. 1. Fill in the missing amounts which correspond with a letter for each Alpha Beta Delta Beginning Assets $78 $30 F Liabilities


Question 2 company. 1. Fill in the missing amounts which correspond with a letter for each Alpha Beta Delta Beginning Assets $78 $30 F Liabilities 47 19 $2 Common shares 6 1 2 Retained earnings 10 IN A B $48 30 $9 G $48 Ending Assets Liabilities Common shares Retained earnings Dividends 1 2 WNIO 4 D 2 0 Income Statement Revenues Expenses Net Income $216 211 C E $144 $20 19 9 BUSI 1043 INTRODUCTION TO FINANCIAL ACCOUNTING Solution Missing Amount B c D E F G 2. At the end of the year, which company has the highest net income? Which company has the highest percentage of net income to revenue? Hint: A statement of retained earnings will help you with your calculations
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