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started 2018 with total assets of $23,000 and total liabilities of $10,000. At the end of 2018, GreatWall's total assets stood at $30,000 and total

started

2018

with total assets of

$23,000

and total liabilities of

$10,000.

At the end of

2018,

GreatWall's

total assets stood at

$30,000

and total liabilities were

$11,000.

Requirements

1.Did the stockholders' equity of

GreatWallChineseCuisine

increase or decrease during

2018?

By how much?

2.Identify the four possible reasons that stockholders' equity can change.

Question content area bottom

Part 1

Requirement 1. Did the stockholders' equity of GreatWallChineseCuisine increase or decrease during

2018? By how much?(Enter a decrease with a minus sign or parentheses.)

Change in stockholders' equity during the year is?

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