One item is omitted from each of the following summaries of balance
sheet and income statement data for four different corporations.
Earth
Mars Neptune Pluto
Beginning of the year:
Assets $216,000 $250,000
$100,000 (d)
Liabilities 129,600 130,000 76,000 $120,000
End of the year:
Assets 268,200 350,000 90,000 248,000
Liabilities 117,000 110,000
80,000 136,000
During the year:
Additional issuance
Of capital stock
(a) 50,000
10,000 40,000
Dividends
14,400 16,000
(c) 60,000
Revenues
71,190 (b) 115,000 112,000
Expenses
38,880 64,000 122,500 128,000
Determine the amounts of missing items, identifying them by letter.
(Suggestion: First determine the amount of increase or decrease in stockholder’s equity during the year.)
