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Microsoft Corporation's balance sheet on September 30, 2023, displayed total assets of $800 billion and liabilities of $300 billion. During the year, the company paid
ยท Microsoft Corporation's balance sheet on September 30, 2023, displayed total assets of $800 billion and liabilities of $300 billion. During the year, the company paid off a long-term loan of $50 billion and distributed dividends to shareholders amounting to $30 billion. Calculate the new total assets, liabilities, and owner's equity after these transactions. Also, determine the percentage change in total assets from the beginning to the end of the year.
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