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?@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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Answer #1

Total Assets = Total Liabilities + Equity

so , $100,000 = $34,000 + Equity

So, Equity = $100,000 - $34,000

Equity = $66,000

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