Two items are omitted from each of the following summaries of balance sheet and income statement...

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Two items are omitted from each of the following summaries of balance sheet and income statement data for two corporations for the year 2022, Cullumber Company and Ayayai Enterprises. Determine the missing amounts. Beginning of year: Total assets Total liabilities Total stockholders' equity End of year Total assets Total liabilities Total stockholders' equity Changes during year in stockholders' equity: Additional investment Dividends Total revenues Total expenses Cullumber Company Ayayai Enterprises $98,940 86,700 $131.580 (c) (a) 76,500 163,200 183,600 122,400 51,000 40,800 132,600 (b) 25,500 24.480 219,300 102,000 178.500 56,100 (d) Two items are omitted from each of the following summaries of balance sheet and income statement data for two corporations for the year 2022, Cullumber Company and Ayayai Enterprises. Determine the missing amounts. Beginning of year: Total assets Total liabilities Total stockholders' equity End of year Total assets Total liabilities Total stockholders' equity Changes during year in stockholders' equity: Additional investment Dividends Total revenues Total expenses Cullumber Company Ayayai Enterprises $98,940 86,700 $131.580 (c) (a) 76,500 163,200 183,600 122,400 51,000 40,800 132,600 (b) 25,500 24.480 219,300 102,000 178.500 56,100 (d)

Answer rating: 100% (QA)

To determine the missing amounts in the summaries for Cullumber Company and Ayayai Enterprises we ne... View the full answer