18 Use the accounting equation to compute the missing financial statement amounts in the two...

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Accounting

18 Use the accounting equation to compute the missing financial statement amounts in the two separate cases a and b.
a. Total assets equal $81,000. Equity and liability amounts are equal to each other. Compute total liabilities and total equity.
b. Total liabilities equal $20,500. Total equity is $30,500. Compute total assets.
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