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On December 1, 2019, Geneva Jordan opened her new business with the following assets and liabilities. Accounts Payable $ 950 Prepaid Rent $ 5,700 Cash

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On December 1, 2019, Geneva Jordan opened her new business with the following assets and liabilities. Accounts Payable $ 950 Prepaid Rent $ 5,700 Cash 3,650 Loans Payable 15, 200 Equipment 25,900 Supplies 1,100 Complete the accounting equation for the firm. Assets = Liabilities + Owner's Equity

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