Question

Missing Amounts from Balance Sheet and Income Statement Data

One item is omitted in each of the following summaries of balancesheet and income statement data for the following four differentproprietorships.
Enter the missing amounts. (Hint: First determine theamount of increase or decrease in owner's equity during the year.)

			Aquarius		Libra		Scorpio		Taurus
	Beginning of the year:
		Assets	$518,300		$611,600		$248,800
		Liabilities	311,000		318,000		189,100		$286,900
	End of the year:
		Assets	642,700		856,200		223,900		592,900
		Liabilities	279,900		269,100		199,000		325,100
	During the year:
		Additional investment in the business			122,300		24,900		95,600
		Withdrawals from the business	36,300		36,700				140,300
		Revenue	171,100				286,100		267,900
		Expenses	93,300		159,000		306,000		306,000