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  • Feb 19, 2009, 01:31 PM
    sweetie198
    Accounting Equation
    Hector Lopez capital as of December 31, 2008, assuming that assets decreased by $75,000 and liabilities increased by $27,000 during 2008. What I need to do to solve the problem? :confused:
  • Feb 19, 2009, 02:10 PM
    pready

    Assets = Liabilities + Owners Equity
    Plug your numbers in and solve for Owners Equity

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