John Joos is the stockholder and operator of You're A Star LLC, a motivational consulting business. At

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John Joos is the stockholder and operator of You're A Star LLC, a motivational consulting business. At the end of its accounting period, December 31, 2017, You're A Star has assets of $554,000 and liabilities of $133,000. Using the accounting equation, determine the following amounts:

a. Stockholders' equity as of December 31, 2017. $

b. Stockholders' equity as of December 31, 2018, assuming that assets increased by $105,000 and liabilities decreased by $32,000 during 2018. $

Posted Date: Jul 07, 2024 12:03 AM

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John Joos is the stockholder and operator of You're A Star LLC, a motivational consulting business. At

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