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Accounting equation Inspiring U is a motivational consulting business. At the end of its accounting...

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Accounting

Accounting equation Inspiring U is a motivational consulting business. At the end of its accounting period, December 31, 20Y2, Inspiring U has assets of $845,000 and liabilities of $203,000. Using the accounting equation, determine the following amounts: a. Stockholders' equity as of December 31, 20Y2. $$ b. Stockholders' equity as of December 31, 20Y3, assuming that assets decreased by $161,000 and liabilities decreased by $49,000 during 20Y3.
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Inspiring U is a motvational consulting busihess, At the end of Its accounting period, December 31, 20Y2, traspiring U has assets of $845,000 and ilabilities of $203,000. Using the accounting equation, determine the following amounts: a. Stockholders' equity as at December 31,20%2. 31. b. Stockholders' equity as of December 31,2013 , assuming that assets decreased by $161,000 and liabilities decreased by 149,000 during 20r3

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