Question: find missing amounts Given the accounting equation, answer each of the following questions. (a) The liabilities of Carla Vista Company are $114,000 and the owner's

find missing amounts
Given the accounting equation, answer each of the following questions. (a) The liabilities of Carla Vista Company are $114,000 and the owner's equity is $239,000. What is the amount of Carla Vista Company's total assets? Total assets $ (b) The total assets of Carla Vista Company are $198,000 and its owner's equity is 84,000. What is the amount of its total liabilities? Total liabilities $ 353,000 Owner's equity 114,000 (c) The total assets of Carla Vista Company are $554,000 and its liabilities are equal to one-half of its total assets. What is the amount of Carla Vista Company's owner's equity? 264,750
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