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. Company Company Company Company Company A B D E $55,000 24,500 $34,000 $24,000 $60,000 21,500 9,000 40,000 $119,000 2 Beginning of year Assets Liabilities End of year Assets Liabilities Changes during the year Stock issuances Net income (105) Cash dividends 58,000 2 40,000 26,500 ? 29,000 85,000 24,000 113,000 70,000 6,000 8,500 3,500 1,400 2 2,000 9,750 8,000 5,875 2 14,000 0 6,500 20,000 11,000 Problem 1-2A (Static) Part 2 2a. What is the amount of equity at the beginning of the year for Company B? 2b. What is the amount of equity at the end of the year for Company B? 2c. What is net income for the year for Company B? Complete this question by entering your answers in the tabs below. Required 2A Required 28 Required 20 Problem 1-2A (Static) Part 2 2a. What is the amount of equity at the beginning of the year for Company B? 2b. What is the amount of equity at the end of the year for Company B? 2c. What is net income for the year for Company B? Complete this question by entering your answers in the tabs below. Required 2A Required 2B Required 2C What is the amount of equity at the beginning of the year for Company B? ces Equity Assets Liabilities $ 0 11 Required 2B > Required 2A Required 2A Required 2B Required 2C What is the amount of equity at the end of the year for Company B? Assets + Liabilities Equity + $ 0