he fundamental accounting equations for several businesses follow.
Supply the missing amounts. Assets = Liabilities + Owner’s Equity
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Assets | = | Liabilities | + | Owner’s Equity | ||
1 | 27100 | = | 5210 | + | 21890 | =27100-5210 |
2 | 23500 | = | 4830 | + | 18670 | =23500-4830 |
3 | 48375 | = | 38150 | + | 10225 | =48375-10225 |
4 | 36200 | = | 4050 | + | 32150 | =4050+32150 |
5 | 54300 | = | 29350 | + | 24950 | =54300-24950 |
he fundamental accounting equations for several businesses follow. Supply the missing amounts. Assets = Liabilities +...
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The fundamental accounting equations for several businesses follow. Supply the missing amounts. 1. 2. 3. Assets l $ 27.600 = 5 s 24,000 = s 48,875 = 36,575 = S 54,800 = Liabilities + Owner's Equity 5 ,460 + $ 22.140 $ 5.080 + 18.920 5 38,525 + 5 10,350 5 4,300 + S 32.275 $ 29,725 + S 25.075 5.1
Use the fundamental accounting equation to find the missing amounts. Scenario Assets Liabilities Equity 1 $ $33,400 $41,000 2 112,000 69,000 3 49,000 32,000
1. Presented below is the basic accounting equation. Determine the missing amounts. Assets Liabilities + Owner's Equity (a) $90,000 $50,000 (b) ? $44,000 $70,000 (c) $94,000 $53,000 1. Presented below is the basic accounting equation. Determine the missing amounts. Assets Liabilities + Owner's Equity (a) $90,000 $50,000 ? (b) ? $44,000 $70,000 (e) $94,000 ? $53,000 2. Given the accounting equation, answer each of the following questions. (a) The liabilities of Weber Company are $120,000 and the owner's equity is...
Compute the missing amount in the accounting equation for each company (amounts in billions): Assets Liabilities Stockholders' Equity Water Street Bank $ ? $43 $35 Puffbelly Restaurant 30 ? 23 Blake Gift Shop 34 7 ? Requirement 1. Which company appears to have the strongest financial position? Explain your reasoning. Calculate the missing amounts. (Enter amounts in billions.) Assets Liabilities Stockholders' equity Water Street Bank $78 $43 $35 Puffbelly Restaurant 30 7 23 Blake Gift Shop 34 7 27 Which...
Brief Exercise 1-1 Presented below is the basic accounting equation. Determine the missing amounts. Assets Liabilities + Stockholders' Equity (a) $77,000 $45,000 $ (b) $ $46,000 $61,000 (c) $88,000 $62,000 $