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At the beginning of the year, Ayayai Company had total assets of $770,000 and total liabilities of $400,000. Answer the following questions. (a) If total
At the beginning of the year, Ayayai Company had total assets of $770,000 and total liabilities of $400,000. Answer the following questions. (a) If total assets increased $120,000 during the year and total liabilities decreased $50,000, what is the amount of stockholders' equity at the end of the year? Stockholders' equitys (b) During the year, total liabilities increased $100,000 and stockholders' equity decreased $50,000. What is the amount of total assets at the end of the year? Total assets (c) If total assets decreased $50,000 and stockholders' equity increased $100,000 during the year, what is the amount of total liabilities at the end of the year? Total liabilities
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