At the end of last year, ArtisanCo's assets totaled $877,000 and its liabilities totaled $748,500. During...

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At the end of last year, ArtisanCos assets totaled $877,000 and its liabilities totaled $748,500. During the current year, t

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Answer 1

Answer #1

The new total assets are= $877,000+$59,700=$936,700

New total liabilities were= $748,500+$24,850=$773,350

Stockholders equity is = total assets- total liabilities

=$936,700-$773,350=$163,350

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Answer 2

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