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[The following information applies to the questions displayed below. The following financial statement information is from five separate companies Company Company Company Company Company December 31, 2014 $35,000 27,300 $22,400 $62,300 $95,550 Assets Liabilities 28,700 19,110 12,096 42,987 December 31, 2015 Assets Liabilities 69,160 104,880 82,855 38,000 27,360 18,604 1,400 2,000 2,475 33,196 During year 2015 Owner investments Net income (loss) Owner cash withdrawals 6,000 8,300 3,500 9,750 (1,194)9,651 5,875 6,500 7,415 11,000 0
What is the amount of equity on December 31, 2015 for Company A Statement of Owners Equity Equity, December 31, 2014 Equity, December 31, 2015
What is the amount of liabilities on December 31, 2015 for Company A. Assets +Equity Liabilities
What is the amount of equity on December 31, 2014 for Company B. +Equity Assets Liabilities
What is the amount of equity on December 31, 2015 for Company B Assets Liabilities + Equity
What is net income for year 2015 for Company B Statement of Owners Equity Equity, December 31, 2014 Equity, December 31, 2015
Calculate the amount of assets for Company C on December 31, 2015 December 31, 2014 Assets Liabilities Equity
Statement of Owners Equity Equity, December 31, 2014 Equity, December 31, 2015
December 31, 2015 Assets Liabilities Equity
Calculate the amount afownerInvesmens tor Cpany b auring yeaur21 December 31, 2014 Assets Liabilities Equity
December 31, 2015 Assets Liabilities + Equity
Statement of Owners Equity Equity, December 31, 2014 Less: Withdrawals by owner Equity, December 31, 2015 0
Calculate the amount of liabilities for Company E on December 31, 2014 December 31, 2015 Assets Liabilities Equity Statement of Owners Equity Equity, December 31, 2014 Equity, December 31, 2015
December 31, 2014 Assets Liabilities Equity
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22,400 62,300 95,550 Assets Liabilities Equity Dec 31, 2014 35000 27300 2870019,11012,096 42,98776,440 6,300 8,19010,304 19,313 19,110 Statement of Owners Equity Equity Dec 31, 2014 Add: Owners Invesstment Add: Net Income 6,300 6,000 8,190 10, 1,400 3041 19,110 7,000 19,313 9,750 6,500 33001166(1,194) 9,6517,415 Less:Withdrawals Equity Dec 31, 2015 3,500 17,100 20,60010,756 18,860 35,96433,025 5,875 12,985 2,000 8,756 11,000 35,964 22,025 Assets- Liabilitties+ Equity 38,000 20,900 17,100 360 2540 69,160 104,880 82,855 8,75612,985 35,964 22,025 18,604 12,475 33,196

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