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    Mcbain's Avatar
    Mcbain Posts: 3, Reputation: 1
    New Member

    Oct 2, 2005, 07:15 AM
    Balance Sheet Equation
    Revenues A
    Expenses 200
    Dividends Declared 5
    Additional Inv. 40
    Net Income 20

    Retained Earnings
    Beginning of Year 60
    End of Year B

    Paid-in Capital
    Beginning of Year 10
    End of Year C

    Total Assets
    Beginning of Year D
    End of Year 280

    Total LIabilities
    Beginning of Year 90
    End of Year E

    Solve for A,B,C,D,E

    Any help would be appreciated, came up with some answers but not sure
    arunavcd's Avatar
    arunavcd Posts: 89, Reputation: 3
    Junior Member

    Oct 2, 2005, 07:59 AM
    Under A, what is the Additional INV? What do u mean by INV? Can u please let me know.

    I got to try.

    Mcbain's Avatar
    Mcbain Posts: 3, Reputation: 1
    New Member

    Oct 2, 2005, 12:30 PM
    Inv is Additional Shareholders' Investment
    Mcbain's Avatar
    Mcbain Posts: 3, Reputation: 1
    New Member

    Oct 2, 2005, 12:33 PM
    A=l + Se
    The answers can be found using the general formula

    Assets = Liabilities + Shareholders' Equities

    and all of the components of a Balance Sheet that fall under those three headings.

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