Company
A Company
B Company
C Company
D Company
E
December 31, 2010
Assets $ 38,000 $ 29,640 $ 24,320 $ 67,640 $ 103,740
Liabilities 31,160 20,748 13,132 46,671 ?
December 31, 2011
Assets 41,000 29,520 ? 74,620 113,160
Liabilities ? 20,073 13,460 35,817 89,396
During year 2011
Stock issuances 6,000 1,400 9,750 ? 6,500
Net income (loss) 9,110 ? (1,053) 10,834 7,516
Cash dividends 3,500 2,000 5,875 0 11,000
Answer the following questions about company A:
1. Q: What is the amount of equity on Dec 31,2010? A: $6,840
2. Q: What is the amount of equity on Dec 31,2011?
3. Q: What is the amount of liability on Dec 31, 2011?