Solution-What is the equity at the end of the year

What is the equity at the end of the year

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Reference no: EM13505747

At the beginning of the year, Logan Comapny's assets are $200,000 and its equity is $150,000. During the year, assets increase $70,000 and liabilities increase $30,000. What is the equity at the end of the year?

Reference no: EM13505747

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What is the equity at the end of the year : At the beginning of the year, Logan Comapny's assets are $200,000 and its equity is $150,000. During the year, assets increase $70,000 and liabilities increase $30,000. What is the equity at the end of the year?

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What is the equity at the end of the year

Reference no: EM13505747

Reference no: EM13505747

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