Question: part a and b please Exercise 1-9 Part a a. At the beginning of the year, Addison Company's assets are $222,000 and its equity is

Exercise 1-9 Part a a. At the beginning of the year, Addison Company's assets are $222,000 and its equity is $166,500. During the year, assets increase $80,000 and liabilities increase $60,000. What is the equity at year-end? Liabilities + Equity 166,500 Assets $ 222,000 80,000 = + Beginning Change Ending $ 60,000 + + Exercise 1-9 Part b b. Office Store has assets equal to $261,000 and liabilities equal to $225,000 at year-end. What is the equity for Office Store at year-end? Equity Assets $ 261,000 = Liabilities $ 225,000 +
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