Question

Hill Country Handyman Services has total assets for the year of $ 12,500 and total liabilities of $ 8,240.

Requirements
1. Use the accounting equation to solve for equity.
2. If next year assets increased by $ 3,200 and equity decreased by $ 1,890, what would be the amount of total liabilities for Hill Country Handyman Services?



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  • CreatedJanuary 16, 2015
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