Fix-it Handyman Services has total assets for the year of $14,700 and total liabilities of $9,860. Requirements 1. Use the accounting equation to solve for equity. 2. If next year's assets increased by $3,500 and equity decreased by $4,500, what would be the amount of total liabilities for Fix-it Handyman Services? Requirement 1. Use the accounting equation to solve for equity. Begin by solving for the accounting equation. Then use the formula to solve for equity. Assets Liabilities Equity $ 4,840 The company has equity of Requirement 2. If next year's assets increased by $3,500 and equity decreased by $4,500, what would be the amount of total liabilities for Fix-it Handyman Services? The company has liabilities of

Fix = it Handyman Services has tolal assets for the year of $14,700 and total liabilites of $9,860. Requirements 1. Use the accounting equasion to tolve for eccuity. 2. If next yoar's assets increased by $3,500 and equity decreased by $4,500, what would be the amount of total liabilities for Fix - Handyman Sences? Requirement 1. Use the accounting equation lo solve for equily Begin by solving for the accouncing equation. Then ute the formula to solve for equity Requirement 2 . If next year's assets increased by \$3,500 and equity decreased by \$4,500, what would be the amount of total labilses for Fix = it Handyman \$ervices? The company has fiabilites of