Question: Assets Liabilities 2. Use the expanded accounting equation to compute the missing financial statement amounts Company 1 $ 56,000 $20.0004 Owner, Capital $20,000 Owner,

Assets Liabilities 2. Use the expanded accounting equation to compute the missing financial statement amounts Company 1 $ 56,000 $20.0004 Owner, Capital $20,000 Owner, Withdrawals + Revenues 2 $ 95.200 S 36,000+ $ 52,000 Expenses $12.000) HIS 32.000 3 22.000

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