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Q.1 Completing the accounting equation. (2.5 pts) Supply the missing amount. Assets Liabilities + Owner's Equity 1- $26,800 $5,060 2- $23,200 $4,680 3- $15,575 $10,150

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Q.1 Completing the accounting equation. (2.5 pts) Supply the missing amount. Assets Liabilities + Owner's Equity 1- $26,800 $5,060 2- $23,200 $4,680 3- $15,575 $10,150 $3,900 $32,075 5- $33,500 $24,875 = + + + 4- + Q.2 Categories the following into Assets (Current Asset & long-term Asset) Liabilities (Current Liabilities & long-term) Revenues, Expenses. (2.5 pts) a. Cash b. Land &Building c. Accounts Payable d. Wages Payable e. Wages f. Service Revenue g. Food Service Revenue h. Rent 1. Equipment j. Inventory

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