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December 18, 2014

Homework Help: Accounting

Posted by Diana on Tuesday, August 16, 2011 at 5:47pm.

At the beginning of the year, Keller Company's liabilities equal $60,000. During the year, assets increased by $80,000, and at year-end assets equal $180,000. Liabilities decrease $10,000 during the year. What are the beginning and ending amount of equity?

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