Expanded 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 $23,000 $11,000 A $ 4,500
Case B 17,500 B $ 4,500 3,600
Case C C 14,000 11,000 27,000
Case D 45,000 29,000 18,000 D

Assets Liabilities Capital Stock Retained Earnings
Case A $23,000 $11,000 A $ 4,500
Case B 17,500 B $ 4,500 3,600
Case C C 14,000 11,000 27,000
Case D 45,000 29,000 18,000 D

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Assets Liabilities Capital Stock Retained Earnings
Case A $23,000 $11,000 $7,500 $ 4,500
Case B 17,500 $9,400 $ 4,500 3,600
Case C 52,000 14,000 11,000 27,000
Case D 45,000 29,000 18,000 -2,000