Question: Using the Basic Accounting Equation Wre the basic accounting equation to anwer the following a. Kendrick Company has total assets of 3200,000 and total liabilites
Using the Basic Accounting Equation Wre the basic accounting equation to anwer the following a. Kendrick Company has total assets of 3200,000 and total liabilites of 3120,000 . How moch is the companys total stockholders equity? b. Gassol Company has total kabilibes of $160,000 and total wockholdens equity of $150,000. What are the comparprs total asets? c. If Brown Companys tocal aswets increased by $30,000 dunng the year and as total liablities decreased duning the same year by $20,000, what was the change in the comoams total srockholders equity
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