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The Accounting Equation E4A. Use the calculations you make 1. Oshkosh Company's assets are s400,000, and its owner's equity is $155,000. What O2 accounting equation
The Accounting Equation E4A. Use the calculations you make 1. Oshkosh Company's assets are s400,000, and its owner's equity is $155,000. What O2 accounting equation to answer cach question that follows. Show any is the amount of its liabilities? 2. Salvatore Company's liabilities and owner's equity are $72,000 and $79,500, respectively. What is the amount of the assets? 3. Radisson Company's liabilities equal one-third of the total assets, and owner's equity is $160,000. What is the amount of its liabilities? 4. At the beginning of the year, Sun Company's assets were $275,000, and its own- ncreased $75,000 and liabilitie er's equity was $150,000. During the year, assets i decreased $22,500. What is the owner's equity at the end of the year? Owner's Equity and the Accounting Equation ESA. Daiichi Company's total assets and liabilities at the beginning and end of the
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