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financial and ma At the beginning of the year, Addison...

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Accounting

financial and ma
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At 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? 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? 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? (c) Beg equity, $60,000

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