Determine the missing amounts. (Hint: For example, to solve for (a), Assets - Liabilities = Owner's equity = $29,000.)

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
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#3
Determine the missing amounts. (Hint: For example, to solve for (a), Assets - Liabilities Owner's equity = $29,000.)
January 1,
2022
E
Assets
Liabilities
Owner's
equity
December
31, 2022
Assets
Liabilities
Owner's
equity
Owner's
equity
changes in
year
Additional
investment
Drawings
Total
revenues
Total
expenses
4
eTextbook and Media
Save for Later
$
Oriole
Company
R
%
$78,000
5
49,000
29,000 (a)
111,000 (b)
59,000
52,000
24,000 (c)
18,000
348,000
G Search or type URL
331,000
T
6
Y
Pharoah
Company
$89,000
48,000 (d)
41,000
106,000
75,000
31,000
6,000
47,000
&
7
413,000
382,000
(e)
(1)
U
=
$
* 00
Sheridan
Company
8
Attempts: 1 of 5 used
132,000
84,000
48,000
189,000 [
111,000
78,000
382,700
10,400
12,100
351,000
(i)
(
9
(h)
Submit Answer
[
(*
0
)
P
Transcribed Image Text:#3 Determine the missing amounts. (Hint: For example, to solve for (a), Assets - Liabilities Owner's equity = $29,000.) January 1, 2022 E Assets Liabilities Owner's equity December 31, 2022 Assets Liabilities Owner's equity Owner's equity changes in year Additional investment Drawings Total revenues Total expenses 4 eTextbook and Media Save for Later $ Oriole Company R % $78,000 5 49,000 29,000 (a) 111,000 (b) 59,000 52,000 24,000 (c) 18,000 348,000 G Search or type URL 331,000 T 6 Y Pharoah Company $89,000 48,000 (d) 41,000 106,000 75,000 31,000 6,000 47,000 & 7 413,000 382,000 (e) (1) U = $ * 00 Sheridan Company 8 Attempts: 1 of 5 used 132,000 84,000 48,000 189,000 [ 111,000 78,000 382,700 10,400 12,100 351,000 (i) ( 9 (h) Submit Answer [ (* 0 ) P
haroah
company
$89,000
and Media
%
5
48,000 (d)
41.000
106,000
75,000
31,000
T
6.000
47,000
(e)
413,000
382,000
$
6
(1)
Search or type URL
Sheridan
Company
Y
132,000
84,000
&
7
48,000
i
189,000
111,000 (h)
78,000
10,400
12,100
(g)
382,700 (0)
351.000
U
*
Sunland
Company
8
$160,000
90,000
9
104,000
147,000
18,000
12,000
512,000
Attempts: 1 of 5 used Submit Anwer
(1)
*
(₁)
(k)
)
0
P
+
Transcribed Image Text:haroah company $89,000 and Media % 5 48,000 (d) 41.000 106,000 75,000 31,000 T 6.000 47,000 (e) 413,000 382,000 $ 6 (1) Search or type URL Sheridan Company Y 132,000 84,000 & 7 48,000 i 189,000 111,000 (h) 78,000 10,400 12,100 (g) 382,700 (0) 351.000 U * Sunland Company 8 $160,000 90,000 9 104,000 147,000 18,000 12,000 512,000 Attempts: 1 of 5 used Submit Anwer (1) * (₁) (k) ) 0 P +
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