1At the beginning of the year, Hernandez Company had total assets of $873,000 and total liabilities of $500,000. Answer the following independent questions.
(a) If total assets increased $150,000 during the year and total liabilities decreased $80,000, what is the amount of owner's equity at the end of the year?
(b) During the year, total liabilities increased $100,000 and owner's equity decreased $70,000 What is the amount of total assets at the end of the year?
(c) If total assets decreased $80,000 and owner's equity increased $121,000 during the year, what is the amount of total liabilities at the end of the year?
2Lily Company had the following assets and liabilities on the dates indicated.
December 31
Total Assets
Total Liabilities
2007
$405,000
$250,000
2008
$480,000
$306,000
2009
$620,000
$401,000
Lily began business on January 1, 2007, with an investment of $116,000.
Instructions
From an analysis of the change in owner's equity during the year, compute the net income (or loss) for the following situations. (If the amount is a net loss, put parentheses around the amount. For example, if net loss of $4,000, enter (4,000).)
(a) 2007, assuming Lily's drawings were $19,000 for the year.
(b)2008, assuming Lily made an additional investment of $56,000 and had no drawings in 2008.
(c)2009, assuming Lily made an additional investment of $18,000 and had drawings of $30,000 in 2009.
第一题的答案是603，000
还有就是第2题的最后一题不是27，000
麻烦您帮我再算一下好么
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