Liabilities + $ 46,500 + Company Assets = A $ 138,000 = BI 91,500 = 83,000 = 112,000 = Stockholders' Equity Common Retained Stock Earnings $ 51,400 + $ 40,100 24,700 + 37,200 35,500 48,400 + 12,500 33,000 + YARD DESIGNS Accounting Equations for the Year 1 Stockholders' Assets Liabilities Equity Unearned Retained Cash Revenue Earnings Event Event Adj. + To 111