Question: Using the Basic Accounting Equation Use the basic accounting equation to answer the following: a. Perkins Company has total assets of $225,000 and total
Using the Basic Accounting Equation Use the basic accounting equation to answer the following: a. Perkins Company has total assets of $225,000 and total liabilities of $135,000. How much is the company's total stockholders' equity? $ 0 b. Gassol Company has total liabilities of $255,000 and total stockholders' equity of $142,500. How much total assets does the company have? O c. If Brown Company's total assets increased by $52,500 during the year, and its total liabilities decreased during the same year by $7,500, what was the change in the company's total stockholders' equity? $ 0 Please answer all parts of the question.
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