Question Set 1 a.) the total owner's equity of DOG enterprises is P900,000 representing 30% of total assets. How much is the amount of total liabilities? b.) At the beginning of the year, Nice Computer had total assets of P100,000 and total liabilities of P75,000. If the total liabilities decreased to P35,000, and the owner's equity increased by P50,000 during the year, what is the amount of total assets at the end of the year?

c) At the beginning of the year, a store had total assets of P200,000 and total liabilities of P125,000. If the total assets decreased by P70,000, and the owner's equity increased by P120,000 during the year, what is the amount of total liabilities at the end of the year?

d) at the end of the year, fast food had total assets of P600,000 and total liabilities of P130,000. If the total assets decreased by P80,000 and the owner's equity increased by P120,000 during the year, what is the amount of total liabilities at the beginning of the year?

e) at the end of the year, Meat shop had total assets of P50,000 and total liabilities of P15,000. If the total assets increased by P30,000 and the total liabilities decreased by P10,000 during the year, what is the amount of the owner's equity at the end of the year?