Question: Using the Basic Accounting Equation Use the basic accounting equation to answer the following a. Hawkins Company has total assets of $150,000 and total liabilities

 Using the Basic Accounting Equation Use the basic accounting equation to
answer the following a. Hawkins Company has total assets of $150,000 and

Using the Basic Accounting Equation Use the basic accounting equation to answer the following a. Hawkins Company has total assets of $150,000 and total liabilities of $110,000. How much is the company's total stockholders' equity? s 40,000 b. Paul Company has total liabilities of $170,000 and total stockholders equity of $105,000. How much total assets does the company have? c. If Black Company's total assets increased by $35,000 during the year, and its total liabilities decreased during the same year by $20,000, what was the change in the company's total stockholders equity? increase T Uban Outftters Using the Basic Accounting Equation Floyd Company had beginning-of-the-year total assets of $320,000 and total liabilities of $180,000. a. If during the year total assets increased by $15,000 and total liabilities increased by $40,000, what is the end-of-year total stockholders' equity? $ 0 b. If during the year total assets increased by $60,000 and total liabilities decreased by $5,000, what is the end-of-year total stockholders' equity? $ 0 c. If during the year total liabilities increased by $40,000 and total stockholders' equity increased by $35,000, what are the end-of-year total assets? $ 0

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