Business, 18.02.2020 20:43 candymorgan81

T the beginning of the year, Addison Company's assets are $300,000 and its equity is $100,000. During the year, assets increase $80,000 and liabilities increase $50,000.

What is the equity at the end of the year?

2. Office Store has assets equal to $123,000 and liabilities equal to $47,000 at year-end.

What is the total equity for Office Store at year-end?

3. At the beginning of the year, Quaker Company's liabilities equal $70,000. During the year, assets increase by $60,000, and at year-end assets equal $190,000. Liabilities decrease $5,000 during the year.

What are the beginning and ending amounts of equity?

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T the beginning of the year, Addison Company's assets are $300,000 and its equity is $100,000. Durin...

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