College Accounting
13th Edition
ISBN: 9781337280563
Author: Scott, Cathy J.
Publisher: Cengage Learning,
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Question
Chapter 1, Problem 1E
a.
To determine
Solve for owners’ equity using
b.
To determine
Solve for assets using accounting equation, if liabilities are $18,000 and owners’ equity are $22,000.
c.
To determine
Solve for liabilities using accounting equation, if assets are $27,000 and owners’ equity are $15,000.
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Chapter 1 Solutions
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