Business #1 Business #2 Business #3 Business #4 Assets 1,250,000 75,000 Liabilities $80,000 48,000 52,000...
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Business #1 Business #2 Business #3 Business #4 Assets 1,250,000 75,000 Liabilities $80,000 48,000 52,000 * Business #4's equity is in an accumulated deficit position. Shareholders' Equity $60,000 1,100,000 (9,000)* 
"Business \#4's equity is in an accumulated deficit position
Business #1 Business #2 Business #3 Business #4 Assets 1,250,000 75,000 Liabilities $80,000 48,000 52,000 * Business #4's equity is in an accumulated deficit position. Shareholders' Equity $60,000 1,100,000 (9,000)*
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