Question: Compute the missing amount in the accounting equation for each entity from the financial information presented: Assets Liabilities Equity Auto Parts and Tires $35,000 $42,000

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

Assets Liabilities Equity
Auto Parts and Tires $35,000 $42,000
Hudson Gift and Cards 70,000 31,000
Weekly Stop Grocery 113,000 61,000

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