QS 1-8 Applying the accounting equation LO A1 1. Use the accounting equation to compute the missing financial statement amounts.

1. Use the accounting equation to compute the missing financial statement amounts. Company Assets Liabilities + $ 93,000) = + $ Equity 49,000 88,000 2. $ + $ 34,000 38,000 3 $ 121,000) = $ + 2. Use the expanded accounting equation to compute the missing financial statement amounts. Company Assets Liabilities + Owner, Capital + Revenues Expenses Owner, Withdrawals $ $ $ + $ + $ 76,000/= 114,200) = 25,000 41,000 38,000 62,000 17,000 27,000 2 $ $ + $ + $ 42,000 $