Calculate the two missing amounts for each independent case below. Case ABCDE Total assets $ 90 000
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Calculate the two missing amounts for each independent case below.
Transcribed Image Text:
Case ABCDE Total assets $ 90 000 $110 000 ? $93 000 ? Total liabilities $37.000 ? $18.000 ? $55 000 Equity ? $ 82000 $ 53000 $ 50 000 $120 000 Total income $76000 $45000 $80000 ? ? Total expenses ? $56 000 ? $32000 $60 000 Profit (loss) $24 000 ? ($10 000) ($18 000) $31 000
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Related Book For
Financial Accounting
ISBN: 9781118608203
9th Edition
Authors: John Hoggett, Lew Edwards, John Medlin, Keryn Chalmers, Jodie Maxfield, Andreas Hellmann, Claire Beattie
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