Two Items Are Omitted from Each of the Following Summaries

question 144

Essay

Two items are omitted from each of the following summaries of balance sheet and income statement data for two proprietorships for the year 2018, Holly Enterprises and Cat Stevens. $$\begin{array} { l c r } & \text { Holly Enterprises } & \text { Cat Stevens } \\\text { Beginning of year: } & & \\\text { Total assets } & \$ 98,000 & \$ 129,000 \\\text { Total liabilities } & 60,000 & \text { (c) } \\\text { Total stockholders' equity } & ( \mathrm { a } ) & 85,000 \\\text { End of year: } & & \\\text { Total assets } & 160,000 & 180,000 \\\quad \text { Total liabilities } & 100,000 & 50,000 \\\text { Total stockholders' equity } & 60,000 & 130,000 \\\text { Changes during year in stockholders' equity. } & \\\text { Additional investment } & ( \mathrm { b } ) & 25,000 \\\text { Dividends } & 25,000 & \text { (d) } \\\text { Total revenues } & 215,000 & 100,000 \\\text { Total expenses } & 185,000 & 65,000\end{array}$$
Instructions
Determine the missing amounts.

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Definitions:

Personality Disorders

Mental disorders characterized by enduring maladaptive patterns of behavior, cognition, and inner experience, shown across many contexts and deviating from cultural norms.

Reaction Formation

A defense mechanism where an individual unconsciously replaces unacceptable inner feelings with their opposite.

Overconfident

Overconfident describes an overestimation of one's abilities, knowledge, or success likelihood, which can impair judgment and decision-making.

Unconscious Insecurity

A feeling of lack of confidence or certainty that is not readily apparent or directly accessible to the conscious mind.