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Required information [The following information applies to the questions displayed below.] Answer the following questions....

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Accounting

Required information [The following information applies to the questions displayed below.] Answer the following questions. (Hint: Use the accounting equation.) c. At the beginning of the year, Quaker Company's liabilities equal $65,000. During the year, assets increase by $60,000, and at year-end assets equal $190,000. Liabilities decrease $11,000 during the year. What are the beginning and ending amounts of equity?

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