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Question 1 of 6 C > 2/6 At the beginning of the year, Sheridan Plumbers had total assets of C804,000 and total liabilities of
Question 1 of 6 C > 2/6 At the beginning of the year, Sheridan Plumbers had total assets of C804,000 and total liabilities of 6334,000 Answer the following independent questions (a) If total assets increased 161.000 during the year and total liabilities decreased C64,000, what is the amount of equity at the end of the year? Question List Viewing Question 1 Question 2 Equity 715000 Question 3 Acting Dropw IN (b) During the year, total liabilities increased 130,000 and equity decreased C64,000. What is the amount of total assets at the end of the year? Question 4 Acmuning Mule -/15 Question 5 Total assets 1031000 Question 6 (c) If total assets decreased 695,000 and equity increased 80.000 during the year, what is the amount of total liabilities at the end of the year? Total liabilities Textbook and Madis 205000
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