At The End Of The Year, The Company Has Liabilities Of $25,000 And Owners' Equity Of $125,000.
Firstly, we find out Assets at the end, then we can calculate change in assets and change in Owners’ Equity. Given: Liabilities at the End = $25000 Owners’ Equity at the End = $125000 Find: Assets at the End = ? As we know Accounting Equation , so we have: Assets at the End = Liabilities at the End + Owners’ Equity at the End Assets at the End = $25000 + $125000 Assets at the End = $150000 Change In Assets = Assets At The End - Assets At The Beginning Change In Assets = $150000 - $150000 ...