Answer:
Total Liabilities at the end of the year are $50,000
Explanation:
Owner Contribution = Equity = $100,000
Total Asset at the end of year = $150,000
Bank Loan = liabilities = ?
Using Accounting Equation
Total Assets = Total Equity + Total Liabilities
$150,000 = $100,000 + Total Liabilities
Total Liabilities = $150,000 - $100,000
Total Liabilities = $50,000
So total Liabilities at the end of the year is $50,000.
