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  • Sep 7, 2013, 10:32 AM
    stmj001
    Need help have several of the same problems ans need an idea how to figure these. Be
    Omitted Financial Statement Data For the following four unrelated situations, A through D, calculate the unknown amounts appearing in each column:

    How yo get your figures is more important to me than the actual answer. I have several like this and have a quiz that allows me to check inputs but so far every attempt says the answer is wrong.

    A B C D
    Beginning
    Assets $28,000 $12,000 $28,000 $(d)
    Liabilities 18,600 5,000 19,000 9,000
    Ending
    Assets 30,100 26,900 34,000 40,000
    Liabilities 17,300 (b) 15,000 19,000
    During the year
    Sales Revenue (a) 23,500 28,000 24,000
    Expenses 8,500 21,000 11,000 17,000
    Dividends 3,000 1,500 (c) 3,000

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