Below is a list of accounting information with missing amounts. Use the accounting equation in determining the missing amounts.

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Cah Accounts receivable Equipment Bank loan payahle Accounts payable Mike Capital, beginning of year Mike, Drawings Revenues S1,800 $550 100 2,500 1000 1,200 10,000 5000 1,000 1.500 1,000 500 1.500 5.000 3,500 15,000 b) 2,500 900 350 6,000 4,000 Expenses Mike, Capital, end of year 5.000 5,500 Cah Accounts receivable Equipment Bank loan payahle Accounts payable Mike Capital, beginning of year Mike, Drawings Revenues S1,800 $550 100 2,500 1000 1,200 10,000 5000 1,000 1.500 1,000 500 1.500 5.000 3,500 15,000 b) 2,500 900 350 6,000 4,000 Expenses Mike, Capital, end of year 5.000 5,500

Answer rating: 100% (QA)

Accounting equations are given below to solve the problem Total Assets Total Liabilities Total Assets Cash Accounts Receivable Equipment Total Liabili... View the full answer