
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Transcribed Image Text:Calculate the amount of Assets for
Company D on December 31, 2018?
"A
B
C
December 31, 2017
Assets
4,500,000 7,000,000
3,000,000
8,000,000
3,800,000
8,250,000
6,150,000
Liabilities
5,000,000
December 31, 2018
Assets
4,900,000 9,000,000
2,600,000
12,500,000
6,400,000
Liabilities
?
7,200,000
During 2018
Owner's Equity
Additional investments
600,000
450,000
1,000,000
200,000
3,810,000
1,800,000
Drawings
Income Statement
Revenues
?
8,600,000
5,600,000
13,750,000
13,630,000
5,900,000
Expenses
3,300,000
3,500,000
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