What is the amount of total assets at the end of the year

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Question: At the beginning of the year, Morales Company had total assets of $800,000 and total liabilities of $500,000. (Treat each item independently) A) if total assets increased $150,000 during the year and total liabilities decreased $80,000, what is the amount of stockholders' equity at the end of the year? Stock holders' equity $? B) During the year, liabilities increased $100,000 and stockholders' equity decreased $70,000. What is the amount of total assets at the end of the year? Total assets $? C) If total assets decreased $80,000 and stockholders' equity increased $110,000 during the year, what is the amount of total liabilities at the end of the year? Total liabilities $?

Reference no: EM133561085

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