Question

Your answer is partially correct. Try again. At the beginning of the year, Morales Company had total assets of $809,000 and total liabilities of $556,000. (Treat each item independently.) (a) If total assets increased $151,000 during the year and total liabilities decreased $82,000, what is the amount of stockholders' equity at the end of the year? Stockholders' equity 486000 (b) During the year, total liabilities increased$90,000 and stockholders' equity decreased $73,000. What is the amount of total assets at the end of the year? Total assets 179747 If total assets decreased $89,000 and stockholders' equity increased $113,000 during the year, what is the amount of total liabilities at the end Total liabilities 607000
please help i tried every answer

Answer 1

Stockholders' Equity at beginning	253000	=809000-556000
a
Stockholders' Equity	486000	=253000+151000+82000
b
Total Assets	826000	=809000+90000-73000
c
Total Liabilities	354000	=556000-89000-113000