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-   -   Calculate the amount of assets (https://www.askmehelpdesk.com/showthread.php?t=729838)

  • Jan 23, 2013, 03:35 PM
    ragnarok1
    Calculate the amount of assets
    Company C
    Calculate the amount of assets for Company C on December 31, 2011.

    December 31, 2010
    Assets: $24,960
    Liabilities: 13,478

    December 31, 2011
    Assets: ?
    Liabilities: 13,788

    During the year 2011
    Stock Issuance: 9750
    Net income (loss): 1005
    Cash Dividends: 5875
  • Jan 23, 2013, 03:43 PM
    JudyKayTee
    https://www.askmehelpdesk.com/financ...ard-25444.html
  • Jan 23, 2013, 03:47 PM
    paraclete
    assets - liabilities = equity

    you have been given the movements in equity for the year so you can calculate the value of equity in both years

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