Question
At the beginning of the year Tallie Ltd. had total assets of $528,000 and total liabilities of $273,000. By the end of the year Tallie
At the beginning of the year Tallie Ltd. had total assets of $528,000 and total liabilities of $273,000.
By the end of the year Tallie had total assets of $491,000 and total equity of $329,000.
During the year the business had new contributions by owners of $19,000, paid dividends of $7,000 and had revenues of $396,000.
Using the above information answer the questions which follow.
Enter digits only no dollar signs, no decimal points, no commas, and a sign only when you are answering a change question and the answer is a decrease.
Hint you do not necessarily need to solve these questions in the same order you see them here.
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