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Crane Consulting started the year with total assets of $58000 and total liabilities of $14000. During the year, the business recorded $47000 in catering revenues
Crane Consulting started the year with total assets of $58000 and total liabilities of $14000. During the year, the business recorded $47000 in catering revenues and $29000 in expenses. Crane issued stock of $8000 and paid dividends of $14000 during the year. Stockholders' equity changed by what amount from the beginning of the year to the end of the year? $4000.$44000.$8000.$12000
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