Total equity changed by what amount from the beginning of the year to the end of the year?
A) $90,000.
B) $390,000.
C) $180,000.
D) $300,000.

Name: Total equity changed by what amount from the beginning of the year to the end of the year? A) $90,000. B) $390,000. C) $180,000. D) $300,000.
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Question

Quizplus · Accepted Answer

The change in total equity can be calculated by subtracting the beginning total equity ($710,000) from the ending total equity ($1,010,000): 
$1,010,000 - $710,000 = $300,000. Therefore, the correct answer is D.

Total Equity Changed by What Amount from the Beginning of the Year