Question: The total increase or decrease for one component of the accounting equation is missing in each situation. i Assets decreased by ($ 30000); liabilities decreased

The total increase or decrease for one component of the accounting equation is missing in each situation.

i Assets decreased by $\$ 30000$; liabilities decreased by $\$ 19500$

ii Owner's equity decreased by $\$ 37250$; assets decreased by $\$ 22500$

iii Liabilities increased by $\$ 3000$; owner's equity decreased by $\$ 15000$

iv Owner's equity increased by $\$ 54000$; assets increased by $\$ 28950$

Required:

Using Assets: $\$ 135000=$ Liabilities: $\$ 45000$ + Owner's Equity: $\$ 90000$ as the beginning accounting equation for each of the above situations, determine:

a the total increase or decrease for the missing component of the equation, and b the amount of each component in the ending accounting equation.

Treat each situation separately.

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