TSU

At the beginning of the year, Addison Company's assets are $254,000 and its equity is $190,500. During the year, assets increase $80,000 and liabilities increase $44,000. What is the equity at the end of the year?

  1. 👍 0
  2. 👎 0
  3. 👁 184
asked by DENISE
  1. Are DENISE and tyrone having an identity crisis??

    You'll get help faster if you 1) choose one screen name and stay with it and 2) put your school subject in the School Subject box.

Respond to this Question

First Name

Your Response

Similar Questions

  1. accounting 1

    At the beginning of the year, Keller Company's liabilities equal $64,000. During the year, assets increase by $60,000, and at year-end assets equal $190,000. Liabilities decrease $10,000 during the year. What are the beginning and

    asked by Anonymous on November 26, 2015
  2. Accounting

    At the beginning of the year, Keller Company's liabilities equal $75,000. During the year, assets increase by $60,000, and at year-end assets equal $190,000. Liabilities decrease $16,000 during the year. What are the beginning and

    asked by TA on October 27, 2015
  3. Accounting Math

    Can anyone please show me the calculation for these problems: Burlin Company starts the year with $100,000 in assets and $80,000 in liabilities. Net Income for the year is $25,000, and no dividends are paid. How much is owner’s

    asked by Peaches on September 13, 2009
  4. accounting

    At the beginning of the year, Logan company'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?

    asked by Diana on August 16, 2011
  5. Accounting

    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

    asked by Diana on August 16, 2011
  6. accouting

    Company E December 31, 2010 Assets $42,000 $32,760 $26,880 $74,760 $114,660 Liabilities 34,440 22,932 14,515 51,584 ? December 31, 2011 Assets 45,000 32,400 ? 81,900 124,200 Liabilities ? 22,032 14,773 39,312 98,118 During year

    asked by kelly on May 2, 2011
  7. Introductory Accounting

    The question is Burlin company starts the year with $188,000 in assets and $37,600 in liabilities. Net income for the year is $47,000, and no dividends are paid. How much is owners' equity at the end of the year? So what I thought

    asked by sarah on February 3, 2016
  8. finance

    One Materials Ltd. paid $7,500 in dividends and $28,311 in interest over the past year while net working capital increased from $13,506 to $18,219. The company purchased $42,000 in net new fixed assets and had depreciation

    asked by solooloo on August 28, 2014
  9. Finance

    At the beginning of the year Washington had a total assets of $300,000 and a total liabilitiesof $120,000. If total assets increased $150,000 during the year and total liabilities decreased $25,000. What is the amount of

    asked by ronnell on March 31, 2011
  10. accounting

    Carlton company had assetsof $280,000 & liabilities of $120,000 at the beginning of the year and assets of $400,000 & liabilities of $140,000 at the end of the year. During the year, the owner invested an additional $40,000 in the

    asked by Monica on April 20, 2011

More Similar Questions