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At the beginning of the year Unique Ltd. had total assets of $623,000 and total liabilities of $349,000. During the year Unique collected new contributions
At the beginning of the year Unique Ltd. had total assets of $623,000 and total liabilities of $349,000. During the year Unique collected new contributions by owners of $21,000, paid dividends of $14,000 and had total expenses of $362,000. At the end of the year Unique has total assets of $672,000 and total equity of $377,000. Solve for all the unknown numbers and answer the following questions. Question 9 (2 points) What was the change in liabilities during the year? If your answer is a decrease in liabilities, enter your answer as a negative number. For example, if your answer is a decrease of $1,000, enter - 1000 A Question 10 (2 points) What was the company's profit for the period? A Question 11 (2 points) What was the company's ending total liabilities? Question 12 (2 points) What is the total revenues earned during the year? A/ Question 13 (2 points) What was the company's beginning total equity
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