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emmainna [20.7K]
3 years ago
8

Two items are omitted from each of the following summaries of balance sheet and income statement data for two proprietorships fo

r the year 2020, Tamarisk's Goods and Ivanhoe Enterprises. Determine the missing amounts
Business
1 answer:
bulgar [2K]3 years ago
3 0

Answer:

The solution according to the given query is provided below.

Explanation:

The given question seems to be incomplete. The attachment of the complete query is provided below.

Now,

The additional investment will be:

= Ending \ owner's \ equity-Beginning \ owner's \ equity+Drawings-Net \ income

By putting the values, we get

= 40000-25000+37000-45000

= 7,000

Now,

The drawings will be:

= Ending \ owner's \ equity-Beginning \ owner's \ equity+Additional \ investment-Net \ income

By putting the values, we get

= 130000-80000-25000-40000

= -15,000

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1) Banks hold excess and secondary reserves to
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Hope this helps. Have a nice day.
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will pay an annual dividend of $2.25 per share next year. The company just announced that future dividends will be increasing by
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= $19.57

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5 0
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If a country were to place a limit on the number of cars that could be imported in a year, it would be an example of what kind o
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brainly.com/question/22550508

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2 years ago
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madam [21]
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Let the cost of a new glove = A
Let the cost of a new bat = B

Using these variables, 
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6 0
3 years ago
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