Question: Using the Basic Accounting Equation Use the basic accounting equation to answer the following: a. Perkins Company has total assets of $75,000 and total liabilities

Using the Basic Accounting Equation Use the basic accounting equation to answer the following: a. Perkins Company has total assets of $75,000 and total liabilities of $45,000. How much is the company's total stockholders' equity? b. Gassol Company has total liabilities of $85,000 and total stockholders' equity of $47,500. How much total assets does the company have? $ c. If Brown Company's total assets increased by $17,500 during the year, and its total liabilities decreased during the same year by $2,500, what was the change in the company's total stockholders' equity? $
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