2. Fill in the missing number for each of the following. Assets Liabilities Owner's Equity $100,000 $255,500 $42,000 + $45,500 + $3,000 + $10,000 + $15,000 + $42,000 $70,000 %3D $35,000 = $100,000 = $25,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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2. Fill in the missing number for each of the following.
Liabilities
$42,000 +
$45,500 +
$3,000 +
$10,000 +
$15,000 +
Assets
$100,000 =
$255,500
Owner's Equity
%3D
%D
%3D
$42,000
$70,000
%3D
$35,000
$100,000
$25,000
%D
Transcribed Image Text:2. Fill in the missing number for each of the following. Liabilities $42,000 + $45,500 + $3,000 + $10,000 + $15,000 + Assets $100,000 = $255,500 Owner's Equity %3D %D %3D $42,000 $70,000 %3D $35,000 $100,000 $25,000 %D
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