# Assets=Liabilities+EquityBeginning\$300,000=\$200,000+\$100,000Change80,000=50,000+30,000Ending = + At the beginning of the year, Addison Company’s assets are \$300,000 and its equity is \$100,000. During the year, assets increase \$80,000 and liabilities increase \$50,000. What is the equity at year-end? I do not know how to solve the last row where it says "Ending". How do I even begin to solve this?

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 Assets = Liabilities + Equity Beginning \$300,000 = \$200,000 + \$100,000 Change 80,000 = 50,000 + 30,000 Ending = +

At the beginning of the year, Addison Company’s assets are \$300,000 and its equity is \$100,000. During the year, assets increase \$80,000 and liabilities increase \$50,000. What is the equity at year-end?

I do not know how to solve the last row where it says "Ending". How do I even begin to solve this?

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Step 1

Accounting equation: Accounting equation is an accounting tool expressed in the form of equation, by creating a relation between reso...

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