Use the Following Information for Questions

question 57

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

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

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Definitions:

National Research Act

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