Listed below are three independent scenarios. Required: Use the fundamental accounting equation to find the missing amounts.
Question:
Listed below are three independent scenarios.
Required:
Use the fundamental accounting equation to find the missing amounts.
Transcribed Image Text:
Scenario Equity Liabilities Assets $ (a) 115,000 1 2 $42,000 (b) $56,000 77,000 (c) 54,000 18,500
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