Expanded accouting equation

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Dec 22, 2007, 06:06 PM

Scribs80

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Expanded accouting equation

2-14Expanded Accounting Equation

For the following four cases, use the expanded accounting equation to compute the missing

quantity.

Assets Liabilities Capital Stock Retained Earnings

Case A $20,000 $ 8,000 A $ 3,500

Case B 16,000 B $ 5,000 2,000

Case C C 11,000 14,000 32,000

Case D 46,000 30,000 20,000 D

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