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[10] QUESTION 3 2. Determine the missing amount X for each of the following (3): Assets a. $78,500 b. X c. $49,500 Liabilities $37,600 $53,280

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[10] QUESTION 3 2. Determine the missing amount "X" for each of the following (3): Assets a. $78,500 b. X c. $49,500 Liabilities $37,600 $53,280 X Owner's Equity X $145,000 $34,000 3. Indicate whether each of the following represents an asset, liability, or owner's equity (3) (a) (b) (c) (d) (e) (f) accounts payable wages expense capital accounts receivable withdrawal land

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