Question: Presented below is the basic accounting equation. Determinethe missing amounts. Assets Liabilities Owner's Equity P90,000 P50,000 ? ? P40,000 P70,000 P94,000 ? P60,000

Presented below is the basic accounting equation. Determinethe missing amounts.

Assets Liabilities Owner's Equity

P90,000 P50,000 ?

? P40,000 P70,000

P94,000 ? P60,000

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