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+ BE1.1 Presented below is the basic accounting equation (in thousand). Determine the missing amounts. Assets Liabilities Equities a. $88,000 $50,000 b. ? $45,000 $77,000 C. $94,000 $60,000 I BE1.3 At the beginning of the year, Gilles Plumbers had total assets of $800,000 and total liabilities of $300,000. Answer the following questions. a. If total assets increased $150,000 during the year and total liabilities decreased $60,000, what is the amount of equity at the end of the year? b. During the year, total liabilities increased $100,000 and equity decreased $70,000. What is the amount of total assets at the end of the year? c. If total assets decreased $80,000 and equity increased $120,000 during the year, what is the amount of total liabilities at the end of the year? BE1.4 Use the expanded accounting equation to answer each of the following questions. a. The liabilities of Kumar Company are $90,000. Share capital-ordinary is $150,000; dividends are $40,000; revenues, $450,000; and expenses, $340,000. What is the amount of Kumar's total assets? b. The total assets of Kalim Company are %57,000. Share capital-ordinary is $35,000; dividends are $7,000; revenues, $52,000; and epenses, $35,000. What is the amount of the company's total liabilities? c. The total assets of Siram Co. Are $660,000 and its liabilities are equal to two-third of its total assets. What Equiis the amount of Siram Co.'s equity? BE1.1 Presented below is the basic accounting equation (in thousand). Determine the missing amounts. Assets Liabilities + Equities a. $88,000 $50,000 b. ? $45,000 $77,000 c. $94,000 $60,000 ? BE1.3 At the beginning of the year, Gilles Plumbers had total assets of $800,000 and total liabilities of $300,000. Answer the following questions, a. If total assets increased $150,000 during the year and total liabilities decreased $60,000, what is the amount of equity at the end of the year? b. During the year, total liabilities increased $100,000 and equity decreased $70,000. What is the amount of total assets at the end of the year? c. If total assets decreased $80,000 and equity increased $120,000 during the year, what is the amount of total liabilities at the end of the year? BE1.4 Use the expanded accounting equation to answer each of the following questions. a. The liabilities of Kumar Company are $90,000. Share capital-ordinary is $150,000; dividends are $40,000; revenues, $450,000; and expenses, $340,000. What is the amount of Kumar's total assets? b. The total assets of Kalim Company are %57,000. Share capital-ordinary is $35,000; dividends are $7,000; revenues, $52,000; and epenses, $35,000. What is the amount of the company's total liabilities? c. The total assets of Siram Co. Are $660,000 and its liabilities are equal to two-third of its total assets. What Equiis the amount of Siram Co.'s equity