Question: Exercise 1-9 Part a a. At the beginning of the year, Addison Company's assets are $255,000 and its equity is $191,250. During the year, assets

 Exercise 1-9 Part a a. At the beginning of the year,

Exercise 1-9 Part a a. At the beginning of the year, Addison Company's assets are $255,000 and its equity is $191,250. During the year, assets increase $80,000 and liabilities increase $56,000. What is the equity at year-end? abilities - Equity 191.250 $ $ Beginning Change Ending Assets 255,000 = 80,000 = - 56,000

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