ts eBook Hint Print eferences Answer the following questions

Last updated: 8/21/2023

ts eBook Hint Print eferences Answer the following questions Hint Use the accounting equation a At the beginning of the year Addison Company s assets are 180 000 and its equity is 135 000 During the year assets increase 80 000 and liabilities increase 46 000 What is the equity at year end b Office Store Company has assets equal to 188 000 and liabilities equal to 148 000 at year end What is the equity for Office Store Company at year end c At the beginning of the year Quaker Company s liabilities equal 41 000 During the year assets increase by 60 000 and at year end assets equal 190 000 Liabilities decrease 19 000 during the year What are the beginning and ending amounts of equity Complete this question by entering your answers in the tabs below Required A Required B Required C At the beginning of the year Addison Company s assets are 180 000 and its equity is 135 000 During the year assets increase 80 000 and liabilities increase 46 000 What is the equity at year end Equity 135 000 Beginning Change Ending Assets H 180 000 80 000 e Liabilities 4 46 000