Question: Compute the missing amount in the accounting equation for each entity from the financial information presented: Equity DJ Video Rentals New Rock Gas Auto Parts

Compute the missing amount in the accounting equation for each entity from the financial information presented: Equity DJ Video Rentals New Rock Gas Auto Parts and Tires DJ Video Rentals New Rock Gas Auto Parts and Tires Assets $? 71,000 110,000 Assets 71,000 110,000 * Liabilities $ 30,000 ? $ 61,000 Liabilities 30,000 $ 61,000 39,000 25,000 Equity 39,000 25,000 11

from the financial information presented: Equity DJ Video Rentals New Rock Gas

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

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