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Exercise 1-8 Using the accounting equation LO A1 Determine the missing amount from each of the separate situations given below. Assets = Liabilities +

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Exercise 1-8 Using the accounting equation LO A1 Determine the missing amount from each of the separate situations given below. Assets = Liabilities + Equity = $ 88,000 + $ 45,000 90,000 = $ 34,000 + 154,000 = + 62,000

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