Explore BrainMass
Share

Explore BrainMass

    Blackstone Company: Stockholder's Equity at December 2009

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    On January 1, 2009, Blackstone Company reported assets of $1,000,000 and liabilities of $600,000. During 2009 assets decreased by $200,000 and Stockholders' Equity decreased $250,000. What is the amount of Stockholder's Equity at December 31, 2009.

    © BrainMass Inc. brainmass.com October 10, 2019, 4:57 am ad1c9bdddf
    https://brainmass.com/business/issuing-equity/blackstone-company-stockholders-equity-december-485549

    Solution Preview

    This question is seeing if you know how to use the accounting equation:

    Assets = liabilities + equity.

    This must always stay in balance, so a shift in one ...

    Solution Summary

    The expert examines Blackstone Company for stockholder`s equity at December 2009.

    $2.19