Use Polaris December 31 2011 financial statements in Appendix A
Use Polaris’ December 31, 2011, financial statements, in Appendix A near the end of the book, to answer the following:
a. Identify the dollar amounts of Polaris’ 2011
(1) Assets,
(2) Liabilities,
(3) Equity.
b. Using Polaris’ amounts from part a, verify that Assets = Liabilities + Equity.

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