To determine the company's liabilities at the end of the accounting period, we can use the fundamental accounting equation:
[tex]\[
\text{Assets} = \text{Liabilities} + \text{Owner's Equity}
\][/tex]
Given:
- Total Assets ([tex]\( \text{Assets} \)[/tex]) = \[tex]$515,000
- Owner's Equity (\( \text{Owner's Equity} \)) = \$[/tex]210,000
We need to find the value of the company's Liabilities ([tex]\( \text{Liabilities} \)[/tex]). Rearranging the accounting equation to solve for Liabilities gives:
[tex]\[
\text{Liabilities} = \text{Assets} - \text{Owner's Equity}
\][/tex]
Substituting the given values into the equation:
[tex]\[
\text{Liabilities} = \$515,000 - \$210,000
\][/tex]
Now, perform the subtraction:
[tex]\[
\text{Liabilities} = \$305,000
\][/tex]
Therefore, the company's liabilities at the end of the accounting period are:
[tex]\[
\boxed{\$305,000}
\][/tex]