Ask Question
12 March, 11:35

A. at the beginning of the year, addison company's assets are $273,000 and its equity is $204,750. during the year, assets increase $80,000 and liabilities increase $59,000. what is the equity at year-end?

+4
Answers (1)
  1. 12 March, 13:59
    0
    273,000 + 80,000 = 353,000

    273,000 - 204,750 = 68,250

    68,250 + 59,000 = 127,250

    353,000 - 127,250 = 225,750 ending equity
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A. at the beginning of the year, addison company's assets are $273,000 and its equity is $204,750. during the year, assets increase $80,000 ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers