One item is omitted from each of the following summaries of balance sheet and income statement data
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One item is omitted from each of the following summaries of balance sheet and income statement data for four different corporations.
Determine the amounts of the missing items, identifying them by letter.
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Carbon Krypton Fluorine Radium Beginning of the year: Assets $333,000 $250,000 $100,000 (d) Liabilities 118,000 130,000 76,000 $120,000 End of the year: Assets 495,000 350,000 90,000 248,000 Liabilities 160,000 110,000 80,000 136,000 During the year: Additional issuance of common stock (a) 50,000 10,000 40,000 Dividends 7,500 16,000 (c) 60,000 Revenue 90,000 (b) 115,000 112,000 Expenses 39,000 64,000 122,500 128,000
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