At The End Of The Year, A Corporation Has Assets Of $6,500 And Liabilities Of $2,000. How Much Is The Company's Equity At The End Of The Year?

Given:

Assets at the end = $6500 Liabilities at the end = $2000

Find:

Equity at the end = ?

As we know Accounting Equation, so we have:

            Assets at the end    =    Liabilities at the end   +   Equity at the end
 
            Equity at the end    =      Assets at the end       -  Liabilities at the end
 
            Equity at the end    =            $6500                    -              $2000

Equity at the end = $4500