Question: See the missing amounts in the table below: Please provide a written response indicating the values for Items A, B, and C missing from the
See the missing amounts in the table below: Please provide a written response indicating the values for Items A, B, and C missing from the tabled below. Denote your response to A, B and C accordingly in the response area provided for your response.
|
| Year 1 | Year 2 |
| Total assets | $190,000 | B |
| Contributed capital | A | $ 10,000 |
| Retained earnings | $ 24,000 | C |
| Total liabilities | $145,000 | $165,000 |
| Liabilities and equity | $190,000 | $206,000 |
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