Business
Business, 29.05.2021 03:30, 67bryant

Accounting Equation Inspirational Inc. is a motivational consulting business. At the end of its accounting period, October 31, 20Y2, Inspirational has assets of $715,880 and liabilities of $226,220. Using the accounting equation and considering each case independently, determine the following amounts: a. Stockholders' equity as of October 31, 20Y2. $fill in the blank 1 489,660 b. Stockholders' equity as of October 31, 20Y3, assuming that assets increased by $113,110 and liabilities increased by $68,010 during 20Y3. $fill in the blank 2 534,760 c. Stockholders' equity as of October 31, 20Y3, assuming that assets decreased by $56,550 and liabilities increased by $20,040 during 20Y3. $fill in the blank 3 d. Stockholders' equity as of October 31, 20Y3, assuming that assets increased by $94,500 and liabilities decreased by $35,790 during 20Y3. $fill in the blank 4

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Accounting Equation Inspirational Inc. is a motivational consulting business. At the end of its acco...

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