Question $5[4$ points$]$

In the table shown below is accounting equation information as it applies to Second Time Around Clothing. Calculate the missing amounts assuming that

a$.$ Assets decreased by $$0$ during October.

b$.$ Owner's Equity increased by $$80$ during October.

$\backslash$table$[[,$Assets $=,$Liabilities $+$ Owner's Equity$],[$October $1,2019,,510],[$October $31,2019,910,]]$

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Question 5 [4 points] In the table shown below is accounting equation information as it applies to Second Time Around Clothing Calculate the missing amounts assuming that a. Assets decreased by $0 during October. b. Owner's Equity increased by $80 during October. October 1, 2019 October 31, 2019 Assets = Liabilities + Owner's Equity 510 910 SUBMIT AND MARK Question 5 [4 points] In the table shown below is accounting equation information as it applies to Second Time Around Clothing Calculate the missing amounts assuming that a. Assets decreased by $0 during October. b. Owner's Equity increased by $80 during October. October 1, 2019 October 31, 2019 Assets = Liabilities + Owner's Equity 510 910 SUBMIT AND MARK

Answer rating: 100% (QA)

Based on the accounting equation we know that Assets Liabilities Owners Equity From the information provided Assets decreased by 0 during October This ... View the full answer