Problem
Compute the missing amount in the accounting equation for each entity from the financial information presented:
|
|
Assets
|
Liabilities
|
Equity
|
|
Auto Parts and Tires
|
$35,000
|
$42,000
|
|
|
Hudson Gift and Cards
|
70,000
|
|
31,000
|
|
Weekly Stop Grocery
|
113,000
|
61,000
|
|