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2 . Use the expanded accounting equation to compute the missing financial statement amounts. Company Assets = Liabilities + Common Stock Dividends + Revenues Expenses

2. Use the expanded accounting equation to compute the missing financial statement amounts.
Company Assets = Liabilities + "Common
Stock" Dividends + Revenues Expenses
1 $40,000= $16,000+ $20,000 $0+ $8,000
2 $80,000= $32,000+ $44,000+ $24,000 $18,000

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