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

Question 177

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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.
-Equity changed by what amount from the beginning of the year to the end of the year?


A) 45,000€ 45,000
B) 42,000€ 42,000
C) 18,000€ 18,000
D) 9,000€ 9,000

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