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At the beginning of the year, Sunland company had total assets of $ 8 7 9 , 0 0 0 and total liabilities of $
At the beginning of the year, Sunland company had total assets of $ and total liabilities of $ Answer the following questions a If total assets increased $ during the year and total liabilities decreased $ what is the amount of owner's equity at the end of the year? Owner's equity $ b During the year, total liabilities increased $ and owner's equity decreased $ What is the amount of total assets at the end of the year? Assets $ c If total assets decreased $ and owner's equity increased $ during the year, what is the amount of total liabilities at the end of the year? Liabilities $
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