need help please CALCULATOR ME FULL SCREEN PRINTER VERSION B

need help please

CALCULATOR ME FULL SCREEN PRINTER VERSION Brief Exercise 1-9 7]Your ansver is partially correct. Try again. At the beginning of the year, Morales Company had total assets of $900,000 and total liabilities of $514,000. (Treat each item independently.) (a) If total assets increased $173,0oo during the year and total liabilities decreased $71,000, what is the amount of stockholders\' equity at the end of the year? Stockholders\' equity ASSIGNMENT RESOURCES BrefExerase11 (b) During the year, total liabilities increased $103,000 and stockholders\' equity decreased $61,000. What is the amount of total assets at the end of the year? Total assets Obiective (c) If total assets decreased $82,000 and stockholders equity increased $105,000 during the vear, what is the amount of total increased $105,000 during the year, what is the amount of total liabilities at the end of the year? Total liabilities Click if you would like to Show Work for this question: Modif Show Work Show allX H5 271 Course L/pptx Chapter 1 (1).ppt njihad defined (1)docjihad defined dos 840 PM 1/22/201 Type here to search

Solution

Balance Sheet Equity & other liabilities Amount Assets Amount Total Liabilities 514000 Total Assets 900000 Shareholders\' Equity 386000 (900000-514000) 900000 900000 Requirement a Balance Sheet Equity & other liabilities Amount Assets Amount Total Liabilities 443000 Total Assets 1073000 (514000-71000) (900000+173000) Shareholders\' Equity 630000 (1073000-443000) 1073000 1073000 Shareholders\' Equity 630000 Requirement b: Balance Sheet Equity & other liabilities Amount Assets Amount Total Liabilities 617000 Total Assets 942000 (514000+103000) Shareholders\' Equity 325000 (386000-61000) 942000 942000 Total Assets 942000 Requirement c: Balance Sheet Equity & other liabilities Amount Assets Amount Total Liabilities 327000 Total Assets 818000 (818000-491000) (900000-82000) Shareholders\' Equity 491000 (386000+105000) 818000 818000 Total Liabilities 327000