2 N Required information [The following information applies to the questions displayed below) The following financial st
Posted: Sun Jun 05, 2022 7:21 pm
questions displayed below) The following financial statement information is from five separate companies. Beginning of year Assets Liabilities End of year Compuany conpainy company Compainy coopany A D D $55,000 $34,000 $24,000 $40,000 $119,000 21,500 24,500 40,000 2 58,000 40,000 2 85,000 113,000 Assets Liabilities 24,500 25,000 24,000 70,000 Changes during the year stock Lexues 4,000 1,400 9.750 T Net Income (less) Casividends 8.500 7 #.000 14,000 0.000 2,000 5,875 D 2. What is the amount of equity at the beginning of the year for Company 87 2b. What is the amount of equity at the end of the year for Company 17 2c. What is net income for the year for Company 87 Complets this question by entering your answers in the tabs below. Prev 2345 We 3 BN W S X H рдн command E D Au 4 C 20 R F 250 20 < T G 6 Y B & 7 H of 1 20,000 11,000 E U N I'm 8 3 Next
2 N Required information [The following information applies to the