where did the begenning and ending balances come from in que

where did the begenning and ending balances come from in question 1, on my specific homework problem I do not have those provided

Solution

Beginning balances would generally be provided in the question based on the previous years operations. Ending balances can be calculated by us, provided we have each and every information of the accounting period and the beginning balances.

If the information given in the question is insufficient then, ending balances can\'t be calculated by us but will be given in the question.