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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Asked Aug 29, 2019
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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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Accounting equation: Accounting equation is an accounting tool expressed in the form of equation, by creating a relation between reso...

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Assets Liabilities + Equity

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