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At the beginning of the year, Assert Company Ltd had total assets of 3700.000 and total liabilities of 5300.000. Answer the following questions viewing each

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At the beginning of the year, Assert Company Ltd had total assets of 3700.000 and total liabilities of 5300.000. Answer the following questions viewing each situation as being independent of the others. a. It total assets increased $225,000 during the year. and total liabilities decreased $100,000, what is the amount 01' equity at the end of the year? (2 marks) 0. During the year. total liabilities increased $315,000 and Equity decreased $130,000. What is the amount of total assets at the end of the year? (2 marks) c. If total assets decreased $60,000 and Equity increased $180,000 during the year, what is the amount of total liabilities at the end of the year? [1 mark)

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