Question: Brief Exercise 1-4 Use the accounting equation to answer each of the following questions. (a) The liabilities of Olga Company are $82,520. Common stock account

 Brief Exercise 1-4 Use the accounting equation to answer each of

Brief Exercise 1-4 Use the accounting equation to answer each of the following questions. (a) The liabilities of Olga Company are $82,520. Common stock account is $141,500; dividends are $93,680; revenues, $456,960; and expenses, $333,840. What is the amount of Olga Company's total assets? Olga Company's total assets + (b) The total assets of Lafayette Company are $64,140. Common stock account is $17,330; dividends are $7,620; revenues, $45,300; and expenses, $36,910. What is the amount of the company's total liabilities? Company's total liabilities (c) The total assets of Dierdorf Co. are $360,000 and its liabilities are equal to two-thirds of its total assets. What is the amount of Dierdorf Co.'s stockholders' equity? Dierdorf Co.'s stockholders' equity

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