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3 Check my work Answer the following questions. (Hint Use the accounting equation.) o. At the beginning of the year. Addison Company's assets are $209,000
3 Check my work Answer the following questions. (Hint Use the accounting equation.) o. At the beginning of the year. Addison Company's assets are $209,000 and its equity is $156,750. During the year, assets increase $80,000 and liabilities increase $43,000. What is the equity at year-end? b. Office Store has assets equal to $115,000 and liabilities equal to $89.000 at year-end. What is the equity for Office Store at year-end? c. At the beginning of the year, Quaker Company's liabilities equal $74,000. During the year, assets increase by $60,000, and at year-end assets equal $190,000. Liabilities decrease $15,000 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 Required C ences nning of the year, Addison Company's assets are $209,000 and its equity is $156,750. During the year, assets At the begin increase $80,000 and liabilities increase $43,000. What is the equity at year-end? LiabilitiesEquity $ 156,750 Beginning 209,000 80,000 43,000 Change Ending Required B
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