Question: Brief Exercise 1-01 Presented below is the basic accounting equation. Determine the missing amounts. = Assets $78,000 + Stockholders' Equity Liabilities $50,000 (a) (b) s.

Brief Exercise 1-01 Presented below is the basic accounting equation. Determine the missing amounts. = Assets $78,000 + Stockholders' Equity Liabilities $50,000 (a) (b) s. $45,000 $70,000 $94,000 $60,000 Click if you would like to Show Work for this question: Modify Show Work LINK TO TEXT Given the accounting equation, answer each of the following questions. (a) The liabilities of Holland Company are $120,000 and its stockholders' equity is $232,000. What is the amount of Holland Company's total assets? Total assets (b) The total assets of Holland Company are $190,000 and its stockholders' equity is $86,000. What is the amount of its total liabilities? Total liabilities (C) The total assets of Holland Company are $600,000 and its liabilities are equal to onehalf of its total assets. What is the amount of Holland Company's stockholders' equity? Stockholders' equitys Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT
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