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1. Use the accounting equation to compute the missing financial statement amounts. Company Assets Liabilities...

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Accounting

1. Use the accounting equation to compute the missing financial statement amounts. Company Assets Liabilities Equity 1 $ 79,000 = $ 37,000 + $ 42,000 2 $ 101,000 = FA $ 3 $ 93,000 = $ 27,000 + $ 24,000 +$ 74,000 69,000 2. Use the expanded accounting equation to compute the missing financial statement amounts. Company 1 2 Liabilities Assets Common Stock Dividends Revenues $ 48,000 = $ 18,000 + $ 24,000 - $ 0+ $ 87,600 = $ 34,000 + $ 48,000 69 FA + Expenses $ 10,000 28,000 $ 20,000

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