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View Full Version : Use the expanded accounting equation to compute the missing quantity.


KDaniel448
Apr 16, 2008, 09:48 AM
Confused on how to do.




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

MaggieMouse
Apr 16, 2008, 04:27 PM
Asset=liab+Capital stock+retained earning