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Vevoophonexdekedut Sdn Bhd began the year with total assets of RM594000 and total liabilities of RM329000. Required: Using this information and the accounting equation, calculate for each of the following independent questions. 1.What was Vevoophonexdekeduts shareholders equity at the C beginning of the year? 2.Assuming Vevoophonexdekeduts assets increased by RM50000 and its total liabilities increased by RM38000 during the year, what would be the amount of shareholders equity at the Format: 873000 end of the year? 3.Assuming Vevoophonexdekeduts total assets increased to RM754000 and its shareholders equity increased to RM346000, what would be the amount of total liabilities at the end of the Format:402000 year? Format: 854000
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1 Assets Shareholders Equity +Liabilities 594000 Shareholders Equity +329000 Therefore, Shareholders Equity 594000-329000 265000 2. Assets 594000+50000 644000 Liabilities 329000+38000 367000 Therefore, Shareholders Equity 644000-367000 277000 Assets 754000 Shareholders Equity 346000 Therefore, total liabilities 754000-346000 408000

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