Assets Liabilities Capital Stock Retained Earnings

Case A $25,000 $ 9,000 12,500 $ 3,500
Case B $15,000 5000 $ 6,000 $4,000
Case C 5000 12,000 15,000 32,000
Case D $45,000 $25,000 $27,000 -7000



Is these # right 12,500
5,000
5,000
-7,000

Quote:

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Originally Posted by gotta be one

Assets Liabilities Capital Stock Retained Earnings

Case A $25,000 $ 9,000 12,500 $ 3,500
Case B $15,000 5000 $ 6,000 $4,000
Case C 5000 12,000 15,000 32,000
Case D $45,000 $25,000 $27,000 -7000



is these # right 12,500
5,000
5,000
-7,000

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expanded account. Equation
Assets Liabilities Capital Stock Retained Earnings

Case A $25,000 $ 9,000 12,500 $ 3,500
Case B $15,000 5000 $ 6,000 $4,000
Case C 5000 12,000 15,000 32,000
Case D $45,000 $25,000 $27,000 -7000

Cases A, B and D are correct

Case C is 59,000

Quote:

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Originally Posted by CaptainForest

Cases A, B and D are correct

Case C is 59,000

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How is C right?

Quote:

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Originally Posted by payge3

How is C right?

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Are you asking why I say the answer is 59,000? Or are you asking why the Original Poster said the answer is 5,000?