Question: Compute the missing amount in the accounting equation for each entity from the financial information presented: Liabilities Auto Parts and Tires $ 34,000 Assets $?

Compute the missing amount in the accounting equation for each entity from the financial information presented: Liabilities Auto Parts and Tires $ 34,000 Assets $? 88,000 98,000 Equity 37,000 41,000 ? Pet Lovers DJ Video Rentals 49,000 ? Assets Liabilities $ 34,000 $ Auto Parts and Tires Pet Lovers DJ Video Rentals Equity 37,000 41,000 88,000 98,000 49,000

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