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Q1) Expanded Accounting Equation

For four cases given below, use expanded accounting equation to find out missing quantity.

   Assets  Liabilities  Capital Stock  Retained Earnings 
Case A  $20000 $8000 $3500
Case B  16000 $5000 2000
Case C  11000 14000 32000
Case D  46000 30000 20000

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M921689

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