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The stockholders' equity of Gorsky Company at the beginning and end of 2018 totaled $119,000 and $137,000, respectively. Assets at the beginning of 2018
The stockholders' equity of Gorsky Company at the beginning and end of 2018 totaled $119,000 and $137,000, respectively. Assets at the beginning of 2018 were $147,000. If the liabilities of Gorsky Company increased by $66,000 in 2018, how much were total assets at the end of 2018? Use the accounting equation. OA. $218,000 OB. $213,000 OC. $231,000 OD. $63,000
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College Accounting A Contemporary Approach
Authors: David Haddock, John Price, Michael Farina
3rd edition
77639731, 978-0077639730
