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What would be the amount of total liabilities

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Reference no: EM132693493

Problem - Kenmore Handyman Services has total assets for the year of $15.40!} and total liabilities of $9.360.

Requirements -

1. Use the accounting equation to solve for equity.

2. If next year's assets increased by $3,700 and equity decreased by $2,320, what would be the amount of total liabilities for Kenmore Handyman Services?

Reference no: EM132693493

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