Dear Professor Garreis,
Thank you for your reply and corrections of my English.
I will answer the homework.
1. What is the new cash value on the balance sheet?
→The new cash value on the balance sheet is $20,000.
2. What is the new value of the long-term assets?
→The new value of the long-term assets is $70,000.
3. What is the new value of the total assets?
→The new value of the total assets is $90,000.
4. What is the new value of the total liabilities and stockholders' equity?
→The new value of the total liabilities and stockholders' equity is $90,000.
5. How easy was this lesson for you?
→The accounting was somewhat hard for me.
This lesson improved my accounting knowledge.
The English was very hard for me.
I spent much time reading the lesson with a dictionary.
Thanks to your correction, this lesson improved my English composition skills.
6.Please send me the Japanese translation for the following words.
Please write the words in romajii.
I'm waiting for your reply.
Sincerely.
Atsushi