Excel McGraw Hill Excel Question - Saved Search (Option+Q) File Home Insert Draw Formulas Data Review View Help Calibri v11 B A... Editing Currency D6 fx B C D E F G H I J K L M N 1 2 3 Required: 1. Use the accounting equation to compute the missing financial statement amounts. 4 5 Company Assets 6 1 $75,000 7 2 8 3 $85,000 Liabilities Equity $40,000 $25,000 + $20,000 $70,000 9 10 2. Use the expanded accounting equation to compute the missing financial statement amounts. 11 Owner, 12 Company Assets Liabilities + 13 1 $40,000 14 2 $80,000 $16,000 + $32,000 Capital $20,000 $44,000 Owner, Withdrawals + Revenues Expenses + $8,000 + $24,000- $18,000 15 16 17 18 Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used to show your work. 19 Nothing in this area will be graded, but it will be submitted with your assignment. 20 Graded Worksheet + Calculation Mode: Automatic Workbook Statistics