Homework Answers
| Statement showing Computations | |
| Particulars | Amount |
| Assets | 450,000.00 |
| Liabilities | 125,000.00 |
| Stockholder Equity = Assets - Liabilities | |
| Stockholder Equity = 450,000 - 125,000 | 325,000.00 |
| b) | |
| Next year assets = 450,000+65000 | 515,000.00 |
| Next year Liabilities = 125000 + 35000 | 160,000.00 |
| Stockholder Equity = Assets - Liabilities | |
| Stockholder Equity = 515000 - 160000 | 355,000.00 |
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