The liabilities of Whispering Winds Company are $84,000. Common stock account is $151,000; dividends are $41,000; revenues, $461,000; and expenses, $334,000. What is the amount of Whispering Winds Company’s total assets?

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(a) The liabilities of Whispering Winds Company are $84,000. Common stock account is $151,000; dividends are $41,000; revenues, $461,000; and expenses, $334,000. What is the amount of Whispering Winds Company’s total assets?

Total assets

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(b) The total assets of Kingbird, Inc. are $57,000. Common stock account is $24,500; dividends are $8,500; revenues, $48,000; and expenses, $34,000. What is the amount of the company’s total liabilities?

Total liabilities

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(c) The total assets of Dierdorf Co. are $600,000 and its liabilities are equal to two-thirds of its total assets. What is the amount of Dierdorf Co.’s stockholders’ equity?

Stockholders’ equity

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