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1 S $ $ 85,000 - 110,000 105,000 - $ $ 40,000 + 30,000 + 30.000 $ $ $ 45,000 80,000 75,000 s + 2.

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1 S $ $ 85,000 - 110,000 105,000 - $ $ 40,000 + 30,000 + 30.000 $ $ $ 45,000 80,000 75,000 s + 2. Use the expanded accounting equation to compute the missing financial statement amounts. Revenues + Liabilities Assets Company Expenses Owner, Withdrawals $ 0 + 1 $ $ + 60,000 - 99,000 - Owner, Capital $ 30,000 $ 54,000 21,000 37,000 $ $ 13,000 23,000 $ $ + $ 2 + 34,000 1 u $ 2 $ 85,000 - 110,000 105,000 = $ 40,000 + 30,000 + 30.000 $ $ $ 45,000 80,000 75,000 $ s + 2. Use the expanded accounting equation to compute the missing financial statement amounts. Company Revenues Liabilities Assets Expenses Owner, Withdrawals $ 0 + 1 $ + $ $ 60,000 - 99,000 - + Owner, Capital $ 30,000 $ 54,000 21,000 37,000 IL $ $ 13,000 23,000 $ $ + 2 + 34,000 2. Use the expanded accounting equation to compute the missing financial statement amounts. Assets Company Liabilities Revenues Owner, + Withdrawals 0 + Expenses $ 13,000 $ 23,000 $ $ 21,000 + Owner, Capital $ 30,000 $ 54,000 1 2 + 60,000 - 99,000 - $ $ + $ 37,000 34,000 +

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