Question: Use the accounting equation to compute the missing financial statement amounts in the two separate cases a and b . Total assets equal $ 8

Use the accounting equation to compute the missing financial statement amounts in the two separate cases a and b.
Total assets equal $81,400. Equity and liability amounts are equal to each other. Compute total liabilities and total equity.
Total liabilities equal $20,700. Total equity is $30,700. Compute total assets.

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