ed: Exam $1-$ A$1$ for stude...

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se the accounting equation to compute the missing financial statement amounts in the two separate cases a and b$.$

a$.$ Total assets equal $$83,200.$ Equity and liability amounts are equal to each other. Compute total liabilities and total equity.

b$.$ Total liabilities equal $$21,600.$ Total equity is $$31,600.$ Compute total assets.

$\backslash$table$[[$Assets$,=,$Liabilities,$+,$Equity,$],[$$$,83,200,=,,+,,],[,=,$$$,21,600,+,$$$,31,600]]$

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