Accounting in Action

Financial statement information about four different companies is as follows:

Instructions

  1. Determine the missing accounts.
  2. Prepare the owner's equity statement for Alpha company

Solution

(i)
Alpha Company
Analysis of Financial Statement
(Determination of Missing Amounts)
 
Beta Company
Analysis of Financial Statement
(Determination of Missing Amounts)
 
Pat Company
Analysis of Financial Statement
(Determination of Missing Amounts)
 
Omega Company
Analysis of Financial Statement
(Determination of Missing Amounts)
 
(ii)
Alpha Company
Owner's Equity Statement
For the year ended December 31, 2019
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