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  • Jan 25, 2013, 11:34 AM
    donnasalim
    Accounting
    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.

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