Question: 1. Use the accounting equation to compute the missing financial statement amounts. Company Assets Equity Liabilities. + + 1 $ 93,000 = 49,000 S $
1. Use the accounting equation to compute the missing financial statement amounts. Company Assets Equity Liabilities. + + 1 $ 93,000 = 49,000 S $ 88,000 2 $ 34,000 + 3 $ 121,000 = $ 38,000 + 2. Use the expanded accounting equation to compute the missing financial statement amounts. Assets Company 1 Revenues Liabilities + Common Stock 25,000 + $ 38,000 41,000 + Dividends + $ 76,000 = $ 114,200 $ 0 + 2 $ 62,000 + $ 42,000- $ S Expenses $ $ 17,000 27,000
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