Below
are incomplete financial statements for Beasley, Incorporated. Calculate the
missing amounts.
In
the statement of stockholders' equity, $25,000 + (c) = $30,000
(c) = $5,000
In the statement of stockholders' equity, $12,000 + 5,000 - (d) = $15,000
(d) = $2,000
In the income statement, (b) = $5,000 (in the statement of stockholders' equity)
In the income statement, (a) - $20,000 = $5,000
(a) = $25,000
In the balance sheet, (g) = $30,000 and (h) $15,000 (in the statement of stockholders' equity)
(i) = $15,000 + $30,000 (g) + $15,000 (h)
(i) = $60,000
(f) = $60,000 (i)
(e) = $60,000 (f) - $15,000 - $7,000 - $35,000
(e) = $3,000
(c) = $5,000
In the statement of stockholders' equity, $12,000 + 5,000 - (d) = $15,000
(d) = $2,000
In the income statement, (b) = $5,000 (in the statement of stockholders' equity)
In the income statement, (a) - $20,000 = $5,000
(a) = $25,000
In the balance sheet, (g) = $30,000 and (h) $15,000 (in the statement of stockholders' equity)
(i) = $15,000 + $30,000 (g) + $15,000 (h)
(i) = $60,000
(f) = $60,000 (i)
(e) = $60,000 (f) - $15,000 - $7,000 - $35,000
(e) = $3,000
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