II. BASIC ACCOUNTING EQUATIONDirection: Fill up the missing amounts for each case.Case 1Case 2Case 3P120,000AssetsLiabilitiesP100,00045,00035,00035,000Owner"s Equity65,000• Source: Ferrer R.C. et.al. (2017). Fundamentals of Accountancy, Business and Management part 1, Bandolin Enterprise,(Publishing and Printing) Bakakeng Sur, Baguio CityIV. EXPANDED ACCOUNTING EQUATION Direction:Fill up the missing amounts for each case.Case 1P100,00035,000Case 2Case 3P120,000RevenueExpensesProfit / Loss• Source: Ferrer R.C. et.al. (2017). Fundamentals of Accountancy, Business and Management part 1, Bandolin Enterprise,(Publishing and Printing) Bakakeng Sur, Baguio City35,00045,00025,000

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Description: II. BASIC ACCOUNTING EQUATIONDirection: Fill up the missing amounts for each case.Case 1Case 2Case 3P120,000AssetsLiabilitiesP100,00045,00035,00035,000Owner"s Equity65,000• Source: Ferrer R.C. et.al. (2017). Fundamentals of Accountancy, Business and

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III. BASIC ACCOUNTING EQUATION Direction: Fill up the missing amounts for each case. Case 1 P100,000 45,000 Case 2 Case 3 P120,000 Assets Liabilities 35,000 35,000 Owner"s Equity 65,000

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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Ee 20.
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