Exercise 1-8 Using the accounting equation LO A1 Determine the missing amount from each of the separate situations given below. Assets Liabilities Equity 2$ 45,000 2$ 49,000 %3D 2$ 90,000 = 24 34,000 2$ 115,000 = 2$ 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 2$ 45,000 2$ 49,000 %3D 2$ 90,000 = 24 34,000 2$ 115,000 = 2$ 62,000
Corporate Financial Accounting
14th Edition
ISBN:9781305653535
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter14: Financial Statement Analysis
Section: Chapter Questions
Problem 14.9BE
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![Exercise 1-8 Using the accounting equation LO A1
Determine the missing amount from each of the separate situations given below.
Assets
Liabilities
Equity
%3D
$
45,000
2$
49,000
%3D
2$
90,000 =
24
34,000
2$
115,000
24
62,000
%3D](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbd76f934-5fae-444b-9612-f97c44441d30%2F5f8f0cd2-6a39-4fc4-b3e6-ba994f562a7a%2F2td2bus_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Exercise 1-8 Using the accounting equation LO A1
Determine the missing amount from each of the separate situations given below.
Assets
Liabilities
Equity
%3D
$
45,000
2$
49,000
%3D
2$
90,000 =
24
34,000
2$
115,000
24
62,000
%3D
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