Determine the missing amounts-georgia enterprises


Solve the below:

Q: 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

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Determine the missing amounts-georgia enterprises
Reference No:- TGS02025381

Now Priced at $20 (50% Discount)

Recommended (99%)

Rated (4.3/5)