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For each of the following situations involving Horizon Enterprises, compute the missing amount: | Assets ($) Liabilities ($) Net Worth ($) 1. $120,750 $25,400 ? 2. $95,300 ? $30,600 3. $46,500 $18,275 ? 4.? $50,230 $65,470

For each of the following situations involving Horizon Enterprises, compute the missing amount: | Assets ($) Liabilities ($) Net Worth ($) 1. $120,750 $25,400 ? 2. $95,300 ? $30,600 3. $46,500 $18,275 ? 4.? $50,230 $65,470

FINANCIAL ACCOUNTING
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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Compute the missing amount?

For each of the following situations involving Horizon Enterprises, compute the missing amount: | Assets ($) Liabilities ($) Net Worth ($) 1. $120,750 $25,400 ? 2. $95,300 ? $30,600 3. $46,500 $18,275 ? 4.? $50,230 $65,470
Transcribed Image Text:For each of the following situations involving Horizon Enterprises, compute the missing amount: | Assets ($) Liabilities ($) Net Worth ($) 1. $120,750 $25,400 ? 2. $95,300 ? $30,600 3. $46,500 $18,275 ? 4.? $50,230 $65,470
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