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The Arab Tower Company started the year with total commitments of 45,000 riyals and total Shareholders' rights 60,000 riyals. During the year, total assets

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The Arab Tower Company started the year with total commitments of 45,000 riyals and total Shareholders' rights 60,000 riyals. During the year, total assets increased by 10%. What is the total assets at the end of the year? 2- Riyadh Company started the year with total assets of 170,000 riyals and total liabilities of 75,000 riyals. The net loss for the year was 3.000 riyals, (dividends = zero) What is the amount of shareholders' equity at the end of the year? 3- The company expected to obtain future losses of 100 riyals. What is the accounting principle or assumption that applies in this case? 4- Write the elements of the accounting equation in three ways (in terms of each element of the accounting equation)? Note: The answer is provided in one page : / W

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