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A) During the year, total liabilities enhanced $106,010 and stockholders' equity reduced $67,590. What is the amount of total assets at the end of the year?

B)  If total assets enhanced $83,040 and stockholders' equity enhanced $118,170 during the year, what is the amount of total liabilities at the end of the year?

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9531475

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