Question: Using the Basic Accounting Equation Use the basic accounting equation to answer the following: a . Kendrick Company has total assets of $ 7 5

 Using the Basic Accounting Equation Use the basic accounting equation to
Using the Basic Accounting Equation
Use the basic accounting equation to answer the following:
a. Kendrick 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 $60,000 and total stockholders' equity of $56,250.
What are the company's total assets?
$
c. If Brown Company's total assets increased by $11,250 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?
$
answer the following: a. Kendrick Company has total assets of $75,000 and

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