Question

Missing Amounts from Balance Sheet and Income Statement Data

One item is omitted in each of the following summaries of balance sheet and income statement data for the following four different corporations.
Enter the missing amounts. (Hint: First determine the amount of increase or decrease in stockholders' equity during the year.)

			Freeman		Heyward		Jones		Ramirez
	Beginning of the year:
		Assets	$308,900		$349,100		$135,900		?
		Liabilities	185,300		181,500		103,300		$168,200
	End of the year:
		Assets	383,000		488,700		122,300		347,600
		Liabilities	166,800		153,600		108,700		190,600
	During the year:
		Additional issuance of capital stock	?		69,800		13,600		56,100
		Dividends	21,600		20,900		?		82,200
		Revenue	101,800		?		156,300		156,900
		Expenses	55,600		90,800		167,200		179,400

Answer 1