affect the basic accounting equation.Cg the words in than(a) Paid cash for janitorial services.(b) Purchased equipment for cash.numeric amounts, what is TSMC's antion at December 31, 2013?BRIEF EXERCISESBE1-1 Presented below is the basic accounting equation (in thousands). Determine themissing amounts.AssetsUse basteequation(LO 6)LiabilitiesEquity(a) ¥8000(b)(c) ¥94,000¥50,000¥45,000¥70,000¥60,000BE1-2 Given the accounting equation, answer each of the following questions.(a) The liabilities of Shumway Company Ltd. are £120,000 and the equity is £232,000,What is the amount of Shumway Company Ltd.'s total assets?(b) The total assets of Shumway Company Ltd. are £190,000 and its equity is £80,000.What is the amount of iIs total liabilities?Cse basic(LO 6)A Blackview A80ProQuad Camerawww.gownloadsede.net

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Answered: BE1-1 Presented below is the basic…

BE1-1 Presented below is the basic accounting equation (in thousands). Determin missing amounts. Assets Liabilities Equity (a) ¥81000 (b) (c) ¥94,000 ¥50,000 ¥45,000 ¥70,000 ¥60,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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