Question

求解一道英语会计基础题，不是很明白，望大家指教

Brett Wilkinson,Attorney, began the year with total assets of $120 000, liabilities of $70 000, and owner's equity of $50 000. During the year he earned revenue of $ 11 0000 and paid expenses of $ 30 000. He also invested an additional $ 20 000 in the business and withdrew $ 60 000 for living expense. How much is the law firm's equity at year-end ?

Answer 1

年初资产12万,负债7万,权益5万(资产=负债+权益)
在该年,该公司收入为11万,支出为3万.净收入8万（资产和权益增加8万）
投资2万（资产和权益增加2万），从retained earnings 里拿了6万用于个人（资产和权益下降6万）
年底=5+8+2-6=9万权益
我是CGA，不知道你是不是ACCA 可能有些表达上有些不同就干脆用中文吧

Answer 2

equity at the year end = total assets-liabilities+owner's equity+revenue-expenses+investement-living expenses=120000-70000+50000+110000-30000+20000-60000=140000
楼上少算了owner's equity（所有者权益）和revenue（销售额）
我是学GCSE的