Solution-Find what is amount of stockholders equity at end

Find what is amount of stockholders equity at end of years

Reference no: EM132599200

At the beginning of the year, Goren Company had total assets of $856,100 and total liabilities of $519,000. (Treat each item independently.)

Question (a) If total assets increased $177,500 during the year and total liabilities decreased $82,900, what is the amount of stockholders' equity at the end of the year?

Question (b) During the year, total liabilities increased $104,500 and stockholders' equity decreased $65,800. What is the amount of total assets at the end of the year?

Question (c) If total assets decreased $83,400 and stockholders' equity increased $101,700 during the year, what is the amount of total liabilities at the end of the year?

Attachment:- goren company.zip

Reference no: EM132599200

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Find what is amount of stockholders equity at end of years

Reference no: EM132599200

Reference no: EM132599200

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