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donnasalim
Jan 25, 2013, 11:34 AM
Given 5 companies:

A B C D E

Dec 31, 2010
Assets 45,000 35,000 29,000 80,000 123,000

Liabilities 23,500 22,500 14,000 38,000 ?

Dec 31, 2011
Assets 48,000 41,000 ? 125,000 112,500

Liabilities ? 27,500 19,000 64,000 75,000

During year 2011
Owner Investment 5,000 1,500 7,750 ? 4,500
Net Income(loss) 7,500 ? 9,000 12,000 18,000
Owner Cash withdr 2,500 3,000 3,875 0 9,000

1. Looking for the equity on Dec. 31, 2011 for company A
2. Looking for the liabilities on Dec. 31, 2011 for company A

1. Looking for income for year 2011 for company B

1. Amount of assets for Dec. 31, 2011 for company C

1. Amount of owner investments for year 2011 for company D

1. Amount of liabilities for Dec 31, 2010 for company E

Thank you.