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Assets = Liabilities + Equity Cash + Accounts Receivable + Supplies + Land = Accounts Payable + Common Stock + Revenues $ 2 9 ,

Assets = Liabilities + Equity
Cash + Accounts Receivable + Supplies + Land = Accounts Payable + Common Stock + Revenues
$ 29,000+ $ 0+ $ 4,000+ $ 28,500= $ 0+ $ 61,500+ $ 0
1.4,900+4,900
2.+1,190+1,190
3.+2,850+2,850
4.1,1901,190
5.+2,8502,850
$ 25,760+ $ 0+ $ 5,190+ $ 33,400= $ 0+ $ 61,500+ $ 2,850

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