Question: 13 14 Exercise 1-9 15 16 a. At the beginning of the year, Addison Company's assets are $300,000 and its equity is $100,000. During 17

13 14 Exercise 1-9 15 16 a. At the beginning of the year, Addison Company's assets are $300,000 and its equity is $100,000. During 17 the year, assets increase $80,000 and liabilities increase $50,000. What is the equity at the end of the year? 18 19 Assets Liabilities + Equity 20 Beginning 300,000 + 100,000 21 Change 80,000 = 50,000 + 22 Ending = + 23 24

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