Question

Use your knowledge of the financial statement equations and their interrelationships to fill in the missing amounts.

8 Each of the folowing independent companles is missing numerical data Required: yaur knowledge of the financial statement equations and their interralationships to fill in the missing amounts. Alpha Co. Bravo, Inc. Charfe Co. S 34,4006400 39,400 61,400 20,700 107,000 (27,200) 132.800 31,400 10.700 61.400 40,700

Answer 1

Company	Total Revenue	Total Expenses	Net income(loss)	Total assets	Total Liabilities	Shareholder's equity
Alpha co	$ 61,400.00	$      40,700.00	$      20,700.00	$ 1,01,800.00	$ 34,400.00	$ 67,400.00
Bravo co	$ 79,800.00	$ 1,07,000.00	$    (27,200.00)	$ 1,32,800.00	$ 93,400.00	$ 39,400.00
Charlie co	$ 31,400.00	$      10,700.00	$      20,700.00	$      61,400.00	$ 40,700.00	$ 20,700.00

Company	Total Revenue	Total Expenses	Net income(loss)	Total assets	Total Liabilities	Shareholder's equity
Alpha co	61400	=61400-20700	20700	=34400+67400	34400	67400
Bravo co	=107000-27200	107000	-27200	132800	=132800-39400	39400
Charlie co	31400	10700	=31400-10700	61400	40700	=61400-40700