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 four different corporations, AL, CO, KS, and MT. Enter the missing amounts. AL CO KS MT Beginning of the year: Assets Liabilities $238,100 $269,100 $111,900 104,200 X 142,900 139,900 89,500 129,600 End of the year: Assets 295,200 376,700 123,100 267,900 Liabilities 128,600 118,400 89,500 146,900 During the year: Additional issue of capital 128,600 X 53,800 11,200 43,200 stock Dividends Revenue Expenses 16,700 16,100 7,800 63,400 78,600 161,400 ✔ 129,800 121,000 42,900 70,000 137,600 138,300

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 four different corporations, AL, CO, KS, and MT. Enter the missing amounts. AL CO KS MT Beginning of the year: Assets Liabilities $238,100 $269,100 $111,900 104,200 X 142,900 139,900 89,500 129,600 End of the year: Assets 295,200 376,700 123,100 267,900 Liabilities 128,600 118,400 89,500 146,900 During the year: Additional issue of capital 128,600 X 53,800 11,200 43,200 stock Dividends Revenue Expenses 16,700 16,100 7,800 63,400 78,600 161,400 ✔ 129,800 121,000 42,900 70,000 137,600 138,300

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter9: Metric-analysis Of Financial Statements

Section: Chapter Questions

Problem 9.23E: Unusual income statement items Assume that the amount of each of the following items is material to...

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