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    balvinder123's Avatar
    balvinder123 Posts: 5, Reputation: 1
    New Member
     
    #1

    Sep 15, 2013, 06:00 PM
    Accounting help forum
    Beginning of year :
    Total assets $108,760

    Total liabilities 80,090

    Total shareholders’ equity $ 28670

    End of year:

    Total assets 164,780

    Total liabilities 110,990

    Total shareholders’ equity 53790

    Changes during year in shareholders’ equity:

    Issue of shares?? How do I find this amount? It is the only one missing

    Dividends 20,030

    Total revenues 216,690

    Total expenses 192,630
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Sep 15, 2013, 06:04 PM
    Since you have beginning and ending equity you can use the change in equity formula:
    Ending Equity = Beginning Equity + Stock Issuances + Revenues - Expenses - Cash Dividends

    This formula can be rewritten as:
    Stock Issuances = Ending Equity - Beginning Equity - Revenues + Expenses + cash Dividends

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