Question: Brief Exercises BE1.1 (LO 3) Presented below is the basic accounting equation. Determine the missing amounts. Use basic accounting equation. + a. C. Assets Liabilities

 Brief Exercises BE1.1 (LO 3) Presented below is the basic accounting

Brief Exercises BE1.1 (LO 3) Presented below is the basic accounting equation. Determine the missing amounts. Use basic accounting equation. + a. C. Assets Liabilities Owner's Equi ty $90,000 $50,000 ? b. ? $44,000 $70,000 $94,000 ? $53,000 BE1.2 (L03) Given the accounting equation, answer each of the following questions Use basic accounting equation. a. The liabilities of Berber Company are $120,000 and the owner's equity is $230,000. What is the amount of Weber Company's total assets? b. The total assets of Berber Company are $190,000 and its owner's equity is $89,000. What is the amount of its total liabilities? c. The total assets of Berber Company are $900,000 and its liabilities are equal to one-half of its total assets. What is the amount of Berber Company's owner's equity? BE1.3 (LO 3) At the beginning of the year, Gilles Company had total assets of $800,000 and total liabilities of $300,000. Answer the following questions. Use basic accounting equation

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