At the beginning of the year, Sun Company??s assets were$275,000, and its owner??s equity was $150,000. During the year,assets increased $75,000 and liabilities decreased $22,500.

At the beginning of the year, Sun Companyâ??s assets were$275,000, and its ownerâ??s equity was $150,000. During the year,assets increased $75,000 and liabilities decreased $22,500. What isthe owne 0 answers