Question
Answer the following questions by typing in the correct value. The answer is case sensitive, thus please input 20,000 for $20,000. Office Store has assets
Answer the following questions by typing in the correct value. The answer is case sensitive, thus please input 20,000 for $20,000. 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, Alliances assets are $300,000 and its equity is $100,000. During the year, assets increase by $80,000 and liabilities increase by $50,000. What is the equity at the end of the year? At the beginning of the year, QUOs liabilities equal to $70,000. During the year, assets increase by $60,000, and at year-end assets equal to $190,000. Liabilities decrease by $5,000 during the year. What is the ending amounts of equity?
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