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Answer the following questions. Hint. Use the accounting equation. a . At the beginning of the year, Addison Company's assets are $ 1 8 7

Answer the following questions. Hint. Use the accounting equation.
a. At the beginning of the year, Addison Company's assets are $187,000 and its equity is $140,250. During the year, assets increase $80,000 and liabilities increase $57,000. What is the equity at year-end?
b. Office Store Company has assets equal to $122,000 and liabilities equal to $90,000 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 $78,000. 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?
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At the beginning of the year, Addison Company's assets are $187,000 and its equity is $140,250. During the year, assets increase $80,000 and liabilities increase $57,000. What is the equity at year-end?
\table[[,Assets,=,Liabilities,+,Equity],[Beginning,$,187,000,=,$,46,750,+,$,140,250],[Change,,80,000,=,,57,000,+,,24,000],[Ending,$,267,000,=,$,102,750,+,$,164,250]]
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