At the beginning of 2020, Omium Corporation had assets of $420,000 and liabilities of
$300,000. During 2020, assets increased $26,000 and liabilities increased $12,000. Please,
calculate the stockholders' equity on December 31, 2020.
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
At the beginning of 2020, Omium Corporation had assets of $420,000 a.pdf
1. At the beginning of 2020, Omium Corporation had assets of $420,000 and liabilities of
$300,000. During 2020, assets increased $26,000 and liabilities increased $12,000. Please,
calculate the stockholders' equity on December 31, 2020