Today at 3:50 PM 59% recorded as revenue during 2023. Delco's year-end is 05, for work to be done in Delos's December 31, 2023, balance sheet showed total assets of $840,000 and liabilities of $1,120,000. The Income statements for the past six years have shown a trend of increasing losses. 4. Included in Delco's assets was land and a building purchased for $310,000 and reported on the balance sheet at $470,000. 5. Delco's owner, Tom Del, consistently buys personal supplies and charges them to the company. QS 1-11 Applying the accounting equation LO7 Determine the missing amount for each of the following equations: Assets Liabilities Equity a. $ 75,000 $ 40,500 b. $300,000 7 $85,500 C. $187.500 $95,400 QS 1-12 Applying the accounting equation LO7 Use the accounting equation to determine. a. The equity in a business that has $374,700 of assets and $252,450 of liabilities. b. The liabilities of a business that has $150,900 of assets and $126,000 of equity. c. The assets of a business that has $37,650 of liabilities and $112,500 of equity. QS 1-13 Applying the accounting equation LO7 The balance sheet is a more detailed presentation of the accounting equation. The income statement and statement of changes in equity are linked to the balance sheet (by the accounting equation). Calculate the missing amounts below.