In the following report, I had to solve for the question marks as well as answer

Question

In the following report, I had to solve for the question marks as well as answer a few questions. I understand the formula is "ASSETS = LIABILITY + EQUITY", but unfortunately it's apparently not that simple.

I applied the straight formula to Company A and it worked out just fine. The rest, I could never come up with the right answers because apparently I am an accounting idiot and can't figure it out. Please help me figure out how to calculate the answer (please don't just give me the answers, help me learn to calculate it) for the following questions:
Company B - What is the net income for 2011?
Company C - What is the equity on Dec 31, 2011?
Company C - What is the amount of assets on Dec 31, 2011?
Company E - What is the equity on Dec 31, 2010?
Company E - What is the amount of liabilities on Dec 31, 2010?

I would greatly appreciate any help or any guidance in getting help! Thank you!!!!

Explanation / Answer

Company B. At begining 2011 29640=20748+8892 SE=A-L 29640-20748=8892 this is simple, right. Ok We found SE at the beg. of the 2011, and SE=8892 at the beg 2011 At the end 2011 29520=20073+SE SE=29520-20073=9447 During the 2011 8892+1400(stock issuence) - 2000(Cash div.) +X(NI)=9447 X(NI)=9447-8892-1400+2000=1155 Company C Beg of the 2011 24320=13132+11288 +9750-1053-5875=14110 SE at the end of 2011 Assets= 13460+14110 27570=13460+14110 at the end of 2011 Company E At the end of 2011 113160=89396+23764 During the year 2011 SE+6500+7516-11000=23764 SE(beg 2011/end2010)=23764(SE end2011)-6500-7516+11000=20748 103740=L+20748 L=103740-20748=82992 I hope it helps.

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