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Use the Following Information for Questions 60,000€ 60,000 And Total Liabilities Of

Question 154

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Use the following information for questions . Stahl Consulting started the year with total assets of 60,000€ 60,000 and total liabilities of 15,000€ 15,000 . During the year, the business recorded 48,000€ 48,000 in catering revenues and 24,000€ 24,000 in expenses. Stahl issued ordinary shares of 9,000€ 9,000 and paid dividends of 15,000€ 15,000 during the year.
-The equity at the end of the year was


A) 63,000€ 63,000 .
B) 54,000€ 54,000 .
C) 24,000€ 24,000 .
D) 6,000€ 6,000 .

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