TIF 1-3 (book/static) 16. Using the expanded accounting equation, solve for the missing amount. Assets $ 71,288 Liabilities 2,260 ? Owner's Capital Owner's Withdrawal Revenues 14,420 53,085 Expenses 28,675 Begin by selecting the formula for the expanded accounting equation. Then enter the amounts to solve for the missing amount. (Abbreviation used: WD = Withdrawals.) + + TIF 1-4 (book/static) Assigned Media 17. Using the information provided, analyze the effects of Lawlor Lawn Service's transactions on the accounting equation. i (Click the icon to view the transactions.) Analyze the events chronologically, one transaction at a time beginning with the May 1 transaction. For each transaction that follows the May 1st tr only the necessary answer boxes for your transaction lines. [Do not enter any zeros for your transaction lines.] Carry down all balances to the "Ball minus sign or parentheses. Abbreviation used: Contr. = Contributed; Liab. = Liabilities.) More Info Iccounti ra deci ASSETS LIAB. EQUITY Cash + Accounts + Equipment = Accounts + Lawlor, Lawlor, Service Gas Receivable Payable Capital Withdrawals Revenue Expense May 3 5/1 May 1 Received $1,700 and gave capital to Eric Lawlor. Purchased a mower on account, $1,440. May 5 Performed lawn services for client on account, $200. May 17 Paid $60 cash for gas used in mower. May 28 Eric Lawlor withdrew cash of $300 Print Done