The summaries of data from the balance sheet income

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Reference no: EM13572821

The summaries of data from the balance sheet, income statement, and retained earnings statement for two corporations, Colaw Corporation and Hunter Enterprises, are presented below for 2014.

Determine the missing amounts. Assume all changes in stockholders' equity are due to changes in retained earnings.



Colaw Corporation

Hunter Enterprises
Beginning of year





Total assets

$119,300



$150,720


Total liabilities

73,620



$pixel.gif (d)
Total stockholders' equity
$pixel.gif (a)

71,730


End of year





Total assets
$pixel.gif (b)

171,270


Total liabilities

115,760



54,950


Total stockholders' equity

53,080



$pixel.gif (e)
Changes during year in retained earnings





Dividends
$pixel.gif (c)

5,990


Total revenues

218,400



$pixel.gif (f)
Total expenses

167,400



84,690

Reference no: EM13572821

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