At the beginning of the year Unique Ltd. had total assets of $623,000 and total liabilities of $349,000. By the end of the year Unique had total assets of $672,000 and total equity of $377,000. During the year the business had new contributions by owners of $21,000, paid dividends of $14,000 and had expenses of $362,000. 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. What was the company's beginning total equity? What was the change in liabilities during the year? What was the amount of revenues? What was the company's ending liabilities? What was the company's profit for the period? Start with a sign if it's a decrease.

At the beginning of the year Unique Ltd. had total assets of $623,000 and total liabilities of $349,000. By the end of the year Unique had total assets of $672,000 and total equity of $377,000. During the year the business had new contributions by owners of $21,000, paid dividends of $14,000 and had expenses of $362,000. 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. What was the company's beginning total equity? What was the change in liablities during the year? Start with a - sign if it's a decrease. What was the amount of revenues? What was the company's ending liabilities? What was the company's profit for the period