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Accounting

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

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9969001

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