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Two items are omitted from each of the following summaries of balance sheet and income statement data for two corporations for the year 2014, Steven Craig and Georgia Enterprises.Determine the missing amounts.StevenCraigGeorgiaEnterprisesBeginning of year: Total assets $103,354 $137,450 Total liabilities 90,568 (c)Total stockholders' equity (a) 79,913 End of year: Total assets 170,480 191,790 Total liabilities 127,860 53,275 Total stockholders' equity 42,620 138,515 Changes during year in stockholders' equity: Additional investment (b) 26,638 Dividends 25,572 (d)Total revenues 229,083 106,550 Total expenses 186,463 58,603
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The stockholders' equity of a balance sheet is composed of preferred $7 stock, $250,000; discount on preferred stock, $25,000; common stock, $750,000; premium on common stock, $100,000; retained earnings, $190,000; treasury stock, $80,000. What is..
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