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c. At the beginning of the year, Quaker Company's liabilities equal $45,000, During the year, assets increase by $60,000, and at year- end assets equal

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c. At the beginning of the year, Quaker Company's liabilities equal $45,000, During the year, assets increase by $60,000, and at year- end assets equal $190,000 Liabilities decrease $6,000 during the year. What are the beginning and ending amounts of equity? Beginning Change Ending Liables $ 45.000 (5000) 50.000 190.000 $

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