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Exercise 1-9 Part a a. At the beginning of the year, Addison Company's assets are $250,000 and its equity is $187,500. During the year assets

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Exercise 1-9 Part a a. At the beginning of the year, Addison Company's assets are $250,000 and its equity is $187,500. During the year assets increase $80,000 and liabilities increase $59,000. What is the equity at year-end? Assets Liabilities Equity Beginning250,000 Change Ending 63,000187,500 21,000 80,000 59,000+ 12 3 of 3 ENext>

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