Question
ABC Corporation reported total assets of $1,000,000 and liabilities of $400,000 on January 1, 2024. During the year, the company acquired new machinery worth $200,000,
·ABC Corporation reported total assets of $1,000,000 and liabilities of $400,000 on January 1, 2024. During the year, the company acquired new machinery worth $200,000, issued bonds worth $300,000 to raise funds, and paid off a short-term loan of $50,000. Calculate the new total assets, liabilities, and owner's equity after these transactions. Also, determine the percentage change in total assets from the beginning to the end of the year.
·XYZ Enterprises had total assets of $800,000 and owner's equity of $500,000 on June 30, 2023. During the year, the company issued new shares worth $100,000 to raise capital, acquired a competitor's business for $200,000, and paid off a long-term loan of $50,000. Calculate the new total assets, liabilities, and owner's equity after these transactions. Also, determine the percentage change in owner's equity from the beginning to the end of the year.
·DEF Inc.'s balance sheet on December 31, 2023, displayed total assets of $1.5 million and liabilities of $800,000. During the year, the company invested in marketable securities worth $200,000, issued bonds worth $300,000 to raise capital, and paid off a portion of its accounts payable, reducing it by $50,000. Calculate the new total assets, liabilities, and owner's equity after these transactions. Also, determine the percentage change in liabilities from the beginning to the end of the year.
·GHI Corporation's total assets were $1.2 million and liabilities were $600,000 on September 30, 2023. If the owner's equity increased by $200,000 during the year and liabilities decreased by 10%, what are the total assets at the end of the year? Also, determine the percentage change in total assets.
·JKL Company has total assets of $700,000 and owner's equity of $400,000. If the liabilities increased by $50,000 during the year and the owner's equity decreased by $30,000, what are the total assets at the end of the year? Also, determine the percentage change in total assets.
·MNO Enterprises reported total assets of $900,000 and liabilities of $400,000 on February 29, 2024. Calculate the owner's equity. Also, if the owner's equity increased by 20% during the year, what are the total assets at the end of the year?
·PQR Corporation's balance sheet on May 31, 2023, showed total assets of $1.2 million and liabilities of $500,000. During the year, the company acquired new technology worth $300,000, paid off a long-term loan of $200,000, and distributed dividends to shareholders amounting to $50,000. Calculate the new total assets, liabilities, and owner's equity after these transactions.
·STU Inc.'s total assets on October 31, 2023, were $1.5 million, and its owner's equity was $700,000. Calculate the liabilities of the company. Also, if the liabilities increased by 25% during the year, what are the total assets at the end of the year?
·VWX Corporation's balance sheet on April 30, 2024, revealed total assets of $800,000 and owner's equity of $300,000. If the liabilities increased by $50,000 during the year and the owner's equity decreased by $20,000, what are the total assets at the end of the year? Also, determine the percentage change in total assets.
·YZA Company had total assets of $1 million and owner's equity of $500,000 on July 1, 2023. During the year, the company acquired a new building worth $300,000, issued bonds worth $200,000 to raise funds, and paid off a short-term loan of $100,000. Calculate the new total assets, liabilities, and owner's equity after these transactions.
·BCD Enterprises reported total assets of $700,000 and liabilities of $300,000 on November 30, 2023. If the owner's equity increased by $100,000 during the year and liabilities decreased by $50,000, what are the total assets at the end of the year? Also, determine the percentage change in total assets.
·EFG Corporation's balance sheet on March 31, 2024, showed total assets of $1.2 million and owner's equity of $500,000. During the year, the company acquired a competitor's business for $300,000, issued new shares worth $200,000 to raise capital, and paid off a long-term loan of $100,000. Calculate the new total assets, liabilities, and owner's equity after these transactions.
·HIJ Company's total assets decreased by 10% during the year, and its liabilities increased by $50,000. If the owner's equity at the beginning of the year was $400,000, what is the owner's equity at the end of the year? Also, determine the percentage change in owner's equity.
·KLM Enterprises has total assets of $1.2 million and liabilities of $600,000. Calculate the owner's equity. Also, if the owner's equity increased by $200,000 during the year, what are the total assets at the end of the year?
·NOP Corporation's liabilities amounted to $400,000 on August 31, 2023. If the owner's equity is $800,000 and the total assets increased by $100,000 during the year, what are the total assets at the beginning of the year? Also, determine the percentage change in total assets.
·QRS Inc.'s total assets on January 31, 2024, were $900,000, and its liabilities amounted to $400,000. Calculate the owner's equity. Also, if the owner's equity increased by $100,000 during the year, what are the total assets at the end of the year?
·TUV Corporation reported total assets of $800,000 and owner's equity of $400,000 on June 30, 2023. Determine the liabilities of the company. Also, if the liabilities increased by $50,000 during the year, what are the total assets at the end of the year?
·WXY Company's balance sheet on November 30, 2023, showed total assets of $1.5 million and liabilities of $800,000. During the year, the company acquired new machinery worth $300,000, paid off a long-term loan of $200,000, and distributed dividends to shareholders amounting to $50,000. Calculate the new total assets, liabilities, and owner's equity after these transactions.
·ZAB Enterprises's total assets on April 30, 2024, were $1 million, and its owner's equity was $600,000. Calculate the liabilities of the company. Also, if the liabilities decreased by 20% during the year, what are the total assets at the end of the year?
·CDE Corporation's balance sheet on July 31, 2023, revealed total assets of $900,000 and owner's equity of $600,000. If the liabilities increased by $100,000 during the year and the owner's equity decreased by $50,000, what are the total assets at the end of the year? Also, determine the percentage change in total assets.
·ABC Corporation's balance sheet on January 1, 2024, displayed total assets of $1.5 million and liabilities of $800,000. During the year, the company sold off a piece of property for $200,000, acquired new equipment worth $300,000, and paid off a long-term loan of $100,000. Calculate the new total assets, liabilities, and owner's equity after these transactions. Also, determine the percentage change in total assets from the beginning to the end of the year.
·XYZ Enterprises reported total assets of $800,000 and liabilities of $400,000 on June 30, 2023. During the year, the company invested in research and development activities costing $100,000, issued new shares worth $200,000 to raise funds, and paid off a short-term loan of $50,000. Calculate the new total assets, liabilities, and owner's equity after these transactions. Also, determine the percentage change in owner's equity from the beginning to the end of the year.
·DEF Inc.'s balance sheet on December 31, 2023, displayed total assets of $1.2 million and liabilities of $600,000. During the year, the company invested in marketable securities worth $200,000, issued bonds worth $300,000 to raise capital, and paid off a portion of its accounts payable, reducing it by $50,000. Calculate the new total assets, liabilities, and owner's equity after these transactions. Also, determine the percentage change in liabilities from the beginning to the end of the year.
·GHI Corporation's total assets were $1.5 million and liabilities were $800,000 on September 30, 2023. If the owner's equity increased by $200,000 during the year and liabilities decreased by 10%, what are the total assets at the end of the year? Also, determine the percentage change in total assets.
·JKL Company has total assets of $700,000 and owner's equity of $400,000. If the liabilities increased by $50,000 during the year and the owner's equity decreased by $30,000, what are the total assets at the end of the year? Also, determine the percentage change in total assets.
·MNO Enterprises reported total assets of $900,000 and liabilities of $400,000 on February 29, 2024. Calculate the owner's equity. Also, if the owner's equity increased by 20% during the year, what are the total assets at the end of the year?
·PQR Corporation's balance sheet on May 31, 2023, showed total assets of $1.2 million and liabilities of $500,000. During the year, the company acquired new technology worth $300,000, paid off a long-term loan of $200,000, and distributed dividends to shareholders amounting to $50,000. Calculate the new total assets, liabilities, and owner's equity after these transactions.
·STU Inc.'s total assets on October 31, 2023, were $1.5 million, and its owner's equity was $700,000. Calculate the liabilities of the company. Also, if the liabilities increased by 25% during the year, what are the total assets at the end of the year?
·VWX Corporation's balance sheet on April 30, 2024, revealed total assets of $800,000 and owner's equity of $300,000. If the liabilities increased by $50,000 during the year and the owner's equity decreased by $20,000, what are the total assets at the end of the year? Also, determine the percentage change in total assets.
·YZA Company had total assets of $1 million and owner's equity of $500,000 on July 1, 2023. During the year, the company acquired a new building worth $300,000, issued bonds worth $200,000 to raise funds, and paid off a short-term loan of $100,000. Calculate the new total assets, liabilities, and owner's equity after these transactions.
·BCD Enterprises reported total assets of $700,000 and liabilities of $300,000 on November 30, 2023. If the owner's equity increased by $100,000 during the year and liabilities decreased by $50,000, what are the total assets at the end of the year? Also, determine the percentage change in total assets.
·EFG Corporation's balance sheet on March 31, 2024, showed total assets of $1.2 million and owner's equity of $500,000. During the year, the company acquired a competitor's business for $300,000, issued new shares worth $200,000 to raise capital, and paid off a long-term loan of $100,000. Calculate the new total assets, liabilities, and owner's equity after these transactions.
·HIJ Company's total assets decreased by 10% during the year, and its liabilities increased by $50,000. If the owner's equity at the beginning of the year was $400,000, what is the owner's equity at the end of the year? Also, determine the percentage change in owner's equity.
·KLM Enterprises has total assets of $1.2 million and liabilities of $600,000. Calculate the owner's equity. Also, if the owner's equity increased by $200,000 during the year, what are the total assets at the end of the year?
·NOP Corporation's liabilities amounted to $400,000 on August 31, 2023. If the owner's equity is $800,000 and the total assets increased by $100,000 during the year, what are the total assets at the beginning of the year? Also, determine the percentage change in total assets.
·QRS Inc.'s total assets on January 31, 2024, were $900,000, and its liabilities amounted to $400,000. Calculate the owner's equity. Also, if the owner's equity increased by $100,000 during the year, what are the total assets at the end of the year?
·TUV Corporation reported total assets of $800,000 and owner's equity of $400,000 on June 30, 2023. Determine the liabilities of the company. Also, if the liabilities increased by $50,000 during the year, what are the total assets at the end of the year?
·WXY Company's balance sheet on November 30, 2023, showed total assets of $1.5 million and liabilities of $800,000. During the year, the company acquired new machinery worth $300,000, paid off a long-term loan of $200,000, and distributed dividends to shareholders amounting to $50,000. Calculate the new total assets, liabilities, and owner's equity after these transactions.
·ZAB Enterprises's total assets on April 30, 2024, were $1 million, and its owner's equity was $600,000. Calculate the liabilities of the company. Also, if the liabilities decreased by 20% during the year, what are the total assets at the end of the year?
·CDE Corporation's balance sheet on July 31, 2023, revealed total assets of $900,000 and owner's equity of $600,000. If the liabilities increased by $100,000 during the year and the owner's equity decreased by $50,000, what are the total assets at the end of the year? Also, determine the percentage change in total assets.
·Apple Inc. Scenario: Apple Inc.'s balance sheet as of December 31, 2023, shows total assets of $365 billion and total liabilities of $258 billion. During the year 2024, Apple invested $10 billion in research and development, issued bonds worth $20 billion to finance expansion projects, and paid off a long-term loan of $5 billion. Calculate the new total assets, liabilities, and owner's equity after these transactions.
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