Exercise 1-8 Using the accounting equation LO A1
Determine the missing amount from each of the separate situations given below.
Assets | = | Liabilities | + | Equity | |||
---|---|---|---|---|---|---|---|
= | $ | 105,000 | + | $ | 20,000 | ||
$ | 120,000 | = | $ | 43,000 | + | ||
$ | 146,000 | = | + | $ | 62,000 |
Solution:
Assets | = | Liabilities | + | Equity |
$125,000.00 | = | $105,000.00 | + | $20,000.00 |
$120,000.00 | = | $43,000.00 | + | $77,000.00 |
$146,000.00 | = | $84,000.00 | + | $62,000.00 |
Determine the missing amount from each of the separate situations given below.
Exercise 1-8 Using the accounting equation LO A1 Determine the missing amount from each of the separate situations given below. Assets=Liabilities+Equity=$52,000+$24,000$140,000=$57,000+$970,000=+$62,000
Exercise 1-8 Using the accounting equation LO A1 Determine the missing amount from each of the separate situations given below. Assets=Liabilities+Equity=$119,000+$30,000$130,000=$30,000+$170,000=+$62,000
Determine the missing amount from each of the separate situations given below. Assets Liabilities $ 71,000 $ 55,000 Equity $ 23,000 (a) (b) (c) + $ + 140,000 = 115,000 = $ + $ 62,000
Determine the missing amount from each of the separate situations given below. Equity 19,000 Assets = = 130,000/= 170,000 = 1 Liabilities A+ A $ 130,000 + $ $ 33,000 + + $ kipped $ $ 62,000 ook
Determine the missing amount from each of the separate situations given below. Assets Liabilities Equity 161,000 + 33,000 30,000 + 130,000 215,000 62,000 %24 II
View History Bookmarks People Tab Window Help Chi X Calenc Mail - Home Rolling * Rolling W SPRIN G hard F. nnect.mheducation.com/flow/connect.html wa Saved Exercise 1-8 Using the accounting equation LO A1 Determine the missing amount from each of the separate situations given below. Assets = - $ 100,000 = $ 154,000 = Liabilities + $ 20,000 + $ 34,000 + Equity $ . 45,000 $ 40,000 < Prev 3 of 8 !!! Next >
Determine the missing amount from each of the separate Assets Liabilities + Equity $ 31,000 $ 79,000 + (a) (b) (c) $ 90,000 $ 58,000 $ 131,000 = = + $ 62,000
?@79%- Done Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate Return to question Exercise 1-8 Using the accounting equation LO A1 10 Determine the missing amount from each of the separate situations given below Answer is not complete. (a)65000 114.000 <Prev 1of 8111 Next >
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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...