help in homework

New User?

Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / The information is provided in a table for Alpha Company and Bravo Company

The information is provided in a table for Alpha Company and Bravo Company

Accounting

The information is provided in a table for Alpha Company and Bravo Company.

  Alpha Company Bravo Company
Balance 12/31/15    
Assets $60,000  
Liabilities   $15,000
Equity 43,600 32,000
Balance 12/31/16    
Assets   70,000
Liabilities 18,400 20,000
Equity 90,000 50,000
During the Year:    
Additional Stock Issued   10,000
Dividends paid to shareholders 3,000 5,000
Revenue 95,000  
Expenses 59,000 60,000

What are the amounts for each of the following missing items?

1. Alpha Company's 12/31/15 Liabilities

2. Alpha Company's 12/31/16 Assets

3. Alpha Company's 12/31/16 Additional Stock Issued

4. Bravo Company's 12/31/15 Assets

5. Bravo Company's 12/31/16 Revenues

Option 1

Low Cost Option
Download this past answer in few clicks

3.88 USD

PURCHASE SOLUTION

Already member?

Option 2

Custom new solution created by our subject matter experts

GET A QUOTE

rated 5 stars

Purchased 8 times

Completion Status 100%
View Answer

Sitejabber (5.0)

BBC (5.0)

Trustpilot (4.9)

Google (5.0)