Question: Presented below is the basic accounting equation. Determine the missing amounts. Assets = Liabilities + Owners Equity (a) $90,000 $50,000 ? (b) ? $40,000 $70,000

Presented below is the basic accounting equation. Determine the missing amounts.
Assets = Liabilities + Owner’s Equity
(a) $90,000 $50,000 ?
(b) ? $40,000 $70,000
(c) $94,000 ? $60,000

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