Question: assify the following business activities using the drop-down list. Items Item #1 Acquiring resources (assets) that an organization plans to use to acquire and sell

assify the following business activities using the drop-down list. Items Item #1 Acquiring resources (assets) that an organization plans to use to acquire and sell its products or services Item #2 Resources contributed by creditors Item #3 Disposing of resources (assets) that an organization uses to acquire and sell its products or services Item #4 Sales and revenues Item #15 Resources contributed by the owner along with any income the owner leaves in the organization Activities Investing Financing Operating Financing a. At the beginning of the year, Addison Company's assets are $239,000 and its equity is $179,250. During the year, assets increase $80,000 and liabilities increase $46,000. What is the equity at year-end? Liabilities Equity 179,250 Beginning Assets = 239,000 = 80,000 = $ $ + + + + 46,000 Ending 1 $ 179.250
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