Question: Compute the missing amount in the accounting equation for each entity from the financial information presented: Assets Llabilities Nice Cuts $? $ 21,000 $ Equity

Compute the missing amount in the accounting equation for each entity from the financial information presented: Assets Llabilities Nice Cuts $? $ 21,000 $ Equity 47,000 29,000 New Rock Gas ? Fresh Produce 70,000 109,000 60,000 ? Assets Liabilities $ 21,000 $ Nice Cuts New Rock Gas Fresh Produce Equity 47,000 29,000 70,000 109,000 60,000

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