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 (c) $94,000 ? $60,000
Chapter 1, Brief Exercises #1
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
Assets = Liabilities + Owner’s Equity
(a) $90,000 $50,000 ?
(b) ? $40,000 $70,000
(c) $94,000 ? $60,000
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Related Book For 
Accounting Principles
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
ISBN: 978-0470533475