Question: Compute the missing amount in the accounting equation for each entity from the financial information presented: Equity 42,000 Corner Grocery Hair Styles Auto Parts and

Compute the missing amount in the accounting equation for each entity from the financial information presented: Equity 42,000 Corner Grocery Hair Styles Auto Parts and Tires Corner Grocery Hair Styles Auto Parts and Tires Assets $? 90,000 94,000 Assets Liabilities $ 26,000 ? 94,000 $ 90,000 94,000 68,000 Liabilities $ 26,000 $ 30,000 68,000 60,000 Equity 42,000 60,000 26,000

Compute the missing amount in the accounting equation for each entity from the financial information presented

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