Determine the missing amount from each of the separate situations a, b, and c below Exercise 1-8 Using the accounting equation A1 Liabilities $ 20,000 34,000 Equity $ 45,000 Assets (b) 100,000 154,000 40,000 Exercise 1-9 Using the accounting equation A1 Answer the following questions.(Hint: Use the accounting equation.) a. At the beginning of the year, Addison Company's assets are $300,000 and its equity is $100.000 b. Office Store has assets equal to $123,000 and liabilities equal to $47.000 at year-end. What is the total c. At the beginning of the year, Quaker Company's liabilities equal $70,000. During the year, assets in- During the year, assets increase $80,000 and liabilities increase $50,000. What is the equity at the end of the year? equity for Office Store at year-end? crease by $60,000, and at year-end assets equal S190,000. Liabilities decrease $5,000 during the year Check ct Beg eauty $60.000 What are the beginning and ending amounts of equity