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At the beginning of the year, Pharoah Company had total assets of $ 8 7 1 , 0 0 0 and total liabilities of $

At the beginning of the year, Pharoah Company had total assets of $871,000 and total liabilities of $224,000. Answer the following questions.
(a) If total assets increased $144,000 during the year and total liabilities decreased $71,000, what is the amount of owners equity at the end of the year?
Owner's equity
(b) During the year, total liabilities increased $128,000 and owner's equity decreased $65,000. What is the amount of total assets at the end of the year?
Assets $
(c) If total assets decreased $85,000 and owner's equity increased $84,000 during the year, what is the amount of total liabilies at the end of the year?
LiabilitiesTV
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