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

question 154

Multiple Choice

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

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

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