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At the beginning of the year, a company had Assets of $150,000 and Equity of $100,000. During the year, Assets increased $30,000 and Liabilities increased
At the beginning of the year, a company had Assets of $150,000 and Equity of $100,000. During the year, Assets increased $30,000 and Liabilities increased $20,000. What was Equity at the end of the year?
Select one:
a. $130,000
b. $120,000
c. $60,000
d. $100,000
e. $110,000
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