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Compute the missing amount in the accounting equation

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Reference no: EM131819812

Problem

Compute the missing amount in the accounting equation for each entity from the financial information presented:

 

Assets

Liabilities

Equity

Auto Parts and Tires

$35,000

$42,000

Hudson Gift and Cards

70,000

 

31,000

Weekly Stop Grocery

113,000

61,000

 

Reference no: EM131819812

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