Response to the following problem:
Two items are omitted from each of the following summaries of balance sheet and income statement data for two corporations for the year 2014, Steven Craig and Georgia Enterprises. Determine the missing amounts. Steven Craig Beginning of year:
Total Assets 97,000
Total Liabilities 85,000
Total Stockholders Equity 12,000
End of year:
Total assets 160,000
Total Liabilities 120,000
Total Stockholders Equity 40,000
Changes during year in Stockholders Equity:
Additional Investment __(a)___
Dividends 24000
Total Revenues 215,000
Total Expenses 175,00.
Determine additional Investments (a).