3 If total assets increase by $12,000 and total liabilities decrease by $7,000 during a period, what is the change in stock holders equity? 6 If total liabilities increase by $10,000 and total stockholders equity increase by $5,000, what is the change in total assets? If stockholders equity increases by $10,000 and total liabilities decrease by $10,000, what is the change in total assets? 9 10 12 If a company has revenue of $122,500, expenses of $100,000 an dividends of $12,500, net income (loss) is 13 On January 1st a company off of $300,000. After several counter offers, the sellor accepts an offer of $260,000. 15 16 The county assessor values building at $100.000. As of October 31st the company is offered $300,000 for the building What value should 17 What is the journal entry if the company paid cash? 18 19 20 21 If the cash balance at the beginning of the month is $22,000, cash payment for the month wrere $10,000 and the ending cash balance was $40,000, what are the cash receipts? Vocab JEs Applying Concepts 4M