Question: Selected balance sheet items are shown for the Microtech Company. Compute the missing amounts for each of the four years. What basic accounting equation did
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ear l Year 2 Year 3 Year 4 S7 S 85,124 S7 Current assets Noncurrent assets Total assets Current liabilities Noncurrent liabilities Paid-in capital Retained earnings Total liabilities and owners equitv S113,624 162,011 S? S? 60,100 1 70,000 198,014 151.021 S524,600 S? $220,111 S 56,142 S 40,220 S7 30,222 170,000 2,350 214,155173,295 13,785 (3,644) 1.452 S524,600 S288,456 S 7 S220,111
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