PINJ Calculator Determine the missing amount for each of the following: Assets Liabilities Stockholders' Equity $38,000...

Question

Question

business accounting

Answer 1

Answer #1

Assets = Liabilities + Stock Holder's Equity

1. Assets = $ 38,000 + $ 45,000

Assets = $ 83,000

2. Liabilities = $ 30,000 - $ 22,000

Liabilities = $ 8,000

3. Stockholder's Equity = $ 53,000 - $ 32,000

Stockholder's Equity = $ 21,000

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Answer 2

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