Dropbox Folders - F2020 BUS209 x The-Balance-Sheet-Practice-Que X + ingh/Downloads/The-Balance-Sheet-Practice-Questions.pdf 2. The fundamental accounting equation (A = L + OE) which means assets equal to liabilities plus owner's equity, can be rearranged in several ways to find whatever part is unknown. Using this equation, calculate the unknown item in each of the following questions. a. If assets are $209 436 and liabilities are $114 272, how much is owner's equity? b. If liabilities are $102 500 and equity is $93 000, what is the value of the company's assets? c. If equity is $148 272 and total assets are $479 195, what amount represents total liabilities