Question: Question 3. Determine the missing amount in the expanded accounting equation for each of the following: Assets = Liabilities + Com Stk + Beg. R/E

Question 3. Determine the missing amount in the expanded accounting equation for each of the following: Assets = Liabilities + Com Stk + Beg. R/E + Revenues Expenses Dividends 1. $196,000=$85,000+$80,000+$16,000+$60,000$25,000x 2. $148,000=x+$75,000+$56,000+$45,000$36,000$28,000 3. $240,000=$115,000+$62,000+$45,000+$72,000x$30,000

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