1. Use the accounting equation to compute the missing financial statement amounts. 2. Use the expanded accounting equation to compute the missing financial statement amounts. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the accounting equation to compute the missing financial statement amounts. Company Assets 1 2 3 $ $ 75,000 = = 85,000 = Liabilities $ $ Equity + $ 40,000 25,000 + $ 70,000 20,000 +

1. Use the accounting equation to compute the missing financial statement amounts. 2. Use the expanded accounting equation to compute the missing financial statement amounts. Complete this question by entering your answers in the tabs below. Use the accounting equation to compute the missing financial statement amounts. 1. Use the accounting equation to compute the missing financial statement amounts. 2. Use the expanded accounting equation to compute the missing financial statement amounts. Complete this question by entering your answers in the tabs below. Use the expanded accounting equation to compute the missing financial statement amounts