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Expanded equation is Assets = Liabilites + Common Stock-Dividends + Revenues- Expenses $84,325 = $2,560 + Common Stock - $ 13,450 + $ 54,780 -
Expanded equation is
Assets = Liabilites + Common Stock-Dividends + Revenues- Expenses
$84,325 = $2,560 + Common Stock - $ 13,450 + $ 54,780 - $ 28,125
$84,325 = $15,765 + Common Stock
Common Stock = $ 68,560
Where and how are you getting the 15,765? I see the equation, but I'm not getting how you go about getting the 15,765 to get the common stock?
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