Please answer Part B. Thank you!!
Stockholders equity = 635,000 - Decrease in accounts 159,000 + decrease in liabilities 48,000 = $ 524,000 Comment if you face any |
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Please answer Part B. Thank you!! Accounting Equation Shannon Cook is the stockholder and operator of...
Accounting Equation Sid Summit is the stockholder and operator of Personality Shine LLC, a motivational consulting business. At the end of its accounting period, December 31 2012 Personality Shine has assets of $682,000 and l e s of $164,000. Using the accounting equation, determine the following amounts: Stockholders equity as of December 31, 2012 Stockholders' equity as of December 31, 2013, a mi t assets increased by $130,000 and liabilities increased by $39,000 during 2073.
Katherine Brewer is the stockholder and operator of Our Idol LLC, a motivational consulting business. At the end of its accounting period, December 31, 2017, Our Idol has assets of $574,000 and liabilities of $138,000. Using the accounting equation, determine the following amounts: Stockholders' equity as of December 31, 2017? Stockholders' equity as of December 31, 2018, assuming that assets increased by $109,000 and liabilities decreased by $33,000 during 2018?
Accounting Equation Lynn Shackelford is the stockholder and operator of You're A Star LLC, a motivational consulting business. At the end of its accounting period, December 31, 20Y2, You're A Star has assets of $734,000 and liabilities of $176,000. Using the accounting equation, determine the following amounts: a. Stockholders' equity as of December 31, 20Y2. b. Stockholders' equity as of December 31, 2043, assuming that assets decreased by $139,000 and liabilities decreased by $42,000 during 2043.
John Joos is the stockholder and operator of You're A Star LLC, a motivational consulting business. At the end of its accounting period, December 31, 2017, You're A Star has assets of $554,000 and liabilities of $133,000. Using the accounting equation, determine the following amounts: a. Stockholders' equity as of December 31, 2017. $ b. Stockholders' equity as of December 31, 2018, assuming that assets increased by $105,000 and liabilities decreased by $32,000 during 2018. $
Accounting Equation Katherine Brewer is the stockholder and operator of Our Idol LLC, a motivational consulting business. At the end of its accounting period, December 31, 2012, Our Idol has assets of $513,000 and liabilities of $123,000. Using the accounting equation, determine the following amounts: a. Stockholders' equity as of December 31, 20Y2. b. Stockholders' equity as of December 31, 2043, assuming that assets decreased by $97,000 and liabilities decreased by $30,000 during 2073.
Lynn Shackelford is the owner and operator of Our Idol LLC, a motivational consulting business. At the end of the accounting period, December 31, 2017, Our Idol had assets of $695,000 and liabilities of $167,000. Using the accounting equation, determine the following amounts: a. Stockholders' equity as of December 31, 2017 b. Stockholders' equity as of December 31, 2018 assuming the assets increased by $132,000 and liabilities increased by $40,000, during 2018.
Accounting Equation Terry Fleming is the owner and operator of Go-For-It LLC, a motivational consulting business. At the end of its accounting period, December 31, 2018, Go-For-It has assets of $808,000 and liabilities of $194,000. Using the accounting equation, determine the following amounts: a. Owner's equity as of December 31, 2018. b. Owner's equity as of December 31, 2019, assuming that assets increased by $154,000 and liabilities increased by $47,000 during 2019.
Accounting Equation Inspirational Inc. is a motivational consulting business. At the end of its accounting period, December 31, 2017, Inspirational has assets of $588,480 and liabilities of $185,960. Using the accounting equation and considering each case independently, determine the following amounts. a. Stockholders' equity as of December 31, 2017. $ 402,520 b. Stockholders' equity as of December 31, 2018, assuming that assets increased by $92,980 and liabilities increased by $55,910 during 2018. C. Stockholders' equity as of December 31, 2018,...
1.John is the owner and operator of A Star Company, a motivational consulting business. At the end of its accounting period, December 31, 2017, A Star has assets of $900,000 and liabilities of $250,000. Using the accounting equation, determine the following amounts: A. Owner's equity, as of December 31, 2017 B. Owner's equity, as of December 31, 2018, Assuming that assets increased by $230,000 and liabilities decreased by $30,000 during 2018
AM Sun Jan 12 1-4 Problem Set: Chapter 1 and 2 Accounting Equation Sid Summit is the stockholder and operator of LLC, a co 2017, Galaxy has assets of 652,000 and tes of $156,000. Unge a. Stockholders' equity as of December 31, 2017 b. Stockholders' equity as of December 31, 2018, assuming that we decreased by 1124 2018.