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determine the missing amount for each of the following: asset a. 78, 500 c. 49,500 liabilities...

determine the missing amount for each of the following: asset a. 78, 500 c. 49,500 liabilities a. 37,600 b. 53,280 stockholders equity b.145,000 c. 34,000

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Answer #1
Asset Liabilities Stockholders equity
a 78500 37600 Note 1
b Note 2 53280 145000
c 49500 Note 3 34000
Note 1
Stockholders equity = Asset - liabilities
78500-37600
40900
Note 2
Asset = Liabilities + stockholder's equity
53280+145000
198280
Note 3
Liabilities = asset - Stockholders equity
49500-34000
15500
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