23 Zapper has beginning equity of $281.000, net income of $63.000, dividends paid of $52,000 and stockholder investments of $18,000. Its ending equity is Multiple Choice $247000 5292000 5310.000 24 A company reported total equity of $171.000 at the beginning of the year. The company reported $236,000 in revenues and $178,000 in expenses for the year. Liabilities at the end of the year totaled $105,000. What are the total assets of the company at the end of the year? Multiple Choice $58.000 $105.000 $124.000 $236.000 25 A company's balance sheet shows: cash $32,000, accounts receivable $21,000, office equipment $55,000, and accounts payable $22,000. What is the amount of stockholders' equity? Multiple Choice $22.000 O $34,000 $86.000 $108.000 27 At the beginning of January of the current year, Sorel Cos ledger reflected a normal balance of $71,000 for accounts receivable. During January, the company collected $18,600 from customers on account and provided additional services to customers on account totaling $14,400. Additionally, during January one customer paid Mikey $6,900 for services to be provided in the future. At the end of January, the balance in the accounts receivable account should be Multiple Choice 573,700 $65,800 54.200 C 575 200 28 During the month of March, Harley's Computer Services made purchases on account totaling $46,300. Also during the month of March, Harley was paid $12.200 by a customer for services to be provided in the future and pold $38,300 of cash on its accounts payable balance. If the balance in the accounts payable account at the beginning of March was $78,700, what is the balance in accounts payable at the end of March? Multiple Choice $86,700 $9.900 58.000 29 On January 1 of the current year, Jimmy's Sandwich Company reported total stockholders' equity of $130,500. During the current year, total revenues were $111.000 while total expenses were $100,500. Also, during the current year the company paid $35,000 in dividends. No other changes in equity occurred during the year. The change in total equity during the year was: Multiple Choice A decrease of $24.500 An increase of $24.500 An increase of $45,500 A decrease of $45.500