stahl consulting started year total assets 60000 and total liabilities 15000 during year bus

ehr 5164675 2
August 6, 2021
statistics final paper
August 6, 2021

stahl consulting started year total assets 60000 and total liabilities 15000 during year bus

Stahl Consulting started the year with total assets of $60,000 and total liabilities of $15,000. During the year, the business recorded $48,000 in catering revenues and $30,000 in expenses. Stahl made an additional investment of $9,000 and withdrew cash of $15,000 during the year. Owner’s equity changed by what amount from the beginning of the year to the end of the year?

 

 

$9,000

 

$12,000

 

$45,000

 

$3,000

 
 

 

   
 
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