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c. At the beginning of the year, Quaker Company's liabilities equal $77,000. During the year, assets increase by $60,000, and at year-end assets equal $190,000.

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c. At the beginning of the year, Quaker Company's liabilities equal $77,000. During the year, assets increase by $60,000, and at year-end assets equal $190,000. Liabilities decrease $18,000 during the year. What are the beginning and ending amounts of equity? Assets Liabilities + Equity $ Beginning Change Ending 77.000 + (18,000) 60.000 = 190,000 = + $ ook 8 Minyt

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