Question: In this exercise, you will enter the beginning and ending accounting equations in Excel. The beginning assets equal $97,000 and the beginning liabilities equal $59,000.

In this exercise, you will enter the beginning and ending accounting equations in Excel. The beginning assets equal $97,000 and the beginning liabilities equal $59,000. During the year, liabilities increased by $9,000 and equity decreased by $11,000.

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