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Using the Accounting Equation Listed below are three independent scenarios. Required: Use the fundamental accounting equation to find the missing amounts. Scenario Assets Liabilities Equity

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Using the Accounting Equation Listed below are three independent scenarios. Required: Use the fundamental accounting equation to find the missing amounts. Scenario Assets Liabilities Equity 1 161,000 $34,000 $43,000 2 112,000 2,000 68,000 3 49,000 32,000 -25000

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