Sales $ 41,400 Assets $ 30,360 Debt $ 7,245 Costs $ 34,270 Equity $ 23,115 Net Income $ 7,130 Total $ 30,360 Total $ 30,360
Requirement 2: Plug Variable
Net income $ 7,130
Increase in equity $ 3,015
Equity should increase by the amount of net income i.e $7,130 but it increased by $3,015 only The Plug variable here is the dividend paid which reduces the equity by the amount of dividend.
Nama: Aliea Yenemia Putri NPM: 120110210003 P4-19 A. Randy & Wiskers Enterprises Pro Forma Balance Sheet December 31, 2019 Assets Liabilities and Stockholders' Equity