Question: TB Problem Qu . 1 - 2 2 2 ( Algo ) Applying the accounting equation At the beginning of the period, a company had

TB Problem Qu.1-222(Algo) Applying the accounting equation
At the beginning of the period, a company had $364,000 of assets, $124,000 of liabilities, and $240,000 of equity. The only change during the period was a $44,000 purchase of land by issuing a note payable.
Enter the ending period amounts for the accounting equation.
\table[[Assets,=,Liabilities,+,Equity],[$408,000,=,S,+,]]
 TB Problem Qu.1-222(Algo) Applying the accounting equation At the beginning of

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