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Business, 17.01.2020 22:31 kerstynsharp08

Be-the-one is a motivational consulting business. at the end of its accounting period, december 31, 2017, be-the-one has assets of $395,000 and liabilities of $97,000.

using the accounting equation, determine the following amounts:

a. stockholders' equity as of december 31, 2017.

b. stockholders' equity as of december 31, 2018, assuming that assets decreased by $65,000 and liabilities increased by $36,000 during 2018.

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