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Answer the following questions. Hint: Use the accounting equation.

At the beginning of the year, Addison Company's assets are $$239,000$ and its equity is $$179,250.$ During the year, assets increase $$80,000$ and liabilities increase $$54,000.$ What is the equity at year$-$end?

Office Store Company has assets equal to $$155,000$ and liabilities equal to $$126,000$ at year$-$end. What is the equity for Office Store Company at year$-$end?

At the beginning of the year, Quaker Company's liabilities equal $$45,000.$ During the year, assets increase by $$60,000,$ and at year$-$end assets equal $$190,000.$ Liabilities decrease $$13,000$ during the year. What are the beginning and ending amounts of equity? Step A: At the beginning of the year, Addison Company's assets are $$239,000$ and its equity is $$179,250.$ During the year, assets increase $$80,000$ and liabilities increase $$54,000.$ What is the equity at year$-$end? Step B: Office Store Company has assets equal to $$155,000$ and liabilities equal to $$126,000$ at year$-$end. What is the equity for Office Store Company at year$-$end? Step C: At the beginning of the year, Quaker Company's liabilities equal $$45,000.$ During the year, assets increase by $$60,000,$ and at year$-$end assets equal $$190,000.$ Liabilities decrease $$13,000$ during the year. What are the beginning and ending amounts of equity?

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