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Exercise 1-9 Using the accounting equation LO A1 [The following information applies to the questions displayed below) Answer the following questions. Hint: Use the accounting

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Exercise 1-9 Using the accounting equation LO A1 [The following information applies to the questions displayed below) Answer the following questions. Hint: Use the accounting equation Exercise 1-9 Part a a. At the beginning of the year, Addison Company's assets are $282,000 and its equity is $211,500. During the year, assets increase $80,000 and liabilities increase $50,000. What is the equity at year-end? Liabilities $ Assets 282,000 = 80,000 = Equity 211,500 + Beginning Change Ending $ 50.000 + earch O BI a mo

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