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question 81

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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


Definitions:

Small Intestine

The small intestine is a long, coiled tube in the digestive system where most of the digestion and absorption of nutrients occurs.

Gastrin

A hormone secreted by the stomach that stimulates secretion of gastric acid.

Stomach

A muscular hollow organ in the gastrointestinal tract of humans and many animals, where digestion of proteins begins.

Liver

The liver is a vital organ that plays a central role in metabolic processes including detoxification, producing plasma proteins, and secreting bile.

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