! Required information Problem 1-2A (Static) Computing missing information using accounting knowledge LO A1 [The following information applies to the questions displayed below.] The following financial statement information is from five separate companies. Beginning of year Assets Liabilities. End of year Assets Liabilities Changes during the year Owner investments Net income (loss) Owner withdrawals Problem 1-2A (Static) Part 1 Company A $ 55,000 24,500 58,000 ? 6,000 8,500 3,500 Company B $ 34,000 21,500 40,000 26,500 1,400 ? 2,000 Company C $ 24,000 9,000 ? 29,000 9,750 8,000 5,875 Required: 1a. What is the amount of equity at the beginning of the year for Company A? 1b. What is the amount of equity at the end of the year for Company A? 1c. What is the amount of liabilities at the end of the year for Company A? Company D $ 60,000 40,000 85,000 24,000 ? 14,000 0 Company E $ 119,000 ? 113,000 70,000 6,500 20,000 11,000

Required information Problem 1-2A (Static) Computing missing information using accounting knowledge LO A1 [The following information applies to the questions displayed below.] The following financial statement information is from five separate companies. Problem 1-2A (Static) Part'1 Required: 1a. What is the amount of equity at the beginning of the year for Company A? 1b. What is the amount of equity at the end of the year for Company A? 1c. What is the amount of liabilities at the end of the year for Company A