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1. Use the accounting equation to compute the missing financial statement amounts. Company Assets Liabilities + Equity 1 $ 88,000 = + $ 2

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1. Use the accounting equation to compute the missing financial statement amounts. Company Assets Liabilities + Equity 1 $ 88,000 = + $ 2 = $ 3 $ 111,000 = $ 31,500 33,000 + $ 46,500 83,000 + 2. Use the expanded accounting equation to compute the missing financial statement amounts. Company Assets Liabilities + Common Stock Dividends + Revenues Expenses 1 $ 66,000 = $ 2 $ 104,700 = $ 22,500 + 38,500 + $ $ 33,000- 57,000- $ 0+ $ 14,500 + $ 37,000 - $ 24,500

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