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Exercise $1-17$ Accounting equation LO$7$

Grcelence in Basiness Commuric

Calculate the missing amounts in the accounting equation applied to Business $A,$ assuming that:

$0.$ Assets decreased by $$24,000$ during August. Assets at August $31,2023$ are $$43,000.$

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$\backslash$table$[[,$Assets,$=1,$Uiablities,$=,$Tquity$],[$M Rogunt $1,2003,3,,325000,,]]$

b$.$ Liabilines increased by $$10,800$ during Augunt Liabilies at August $1\mathrm{.}2023$ ace $$28,000$

$\backslash$table$[[,$Assets,Liataldes,Esulty$],[$M Anguan $31,2003,343,000,,]]$