W e sleei, Feudly 20,2 /ilrn/takeAssignment/takeAssignmentMain.do?invoker=assignments&takeAssignmentSession Accounting Equation Determine the missing amount for each of the following: Assets Liabilities Owner's Equity $192,650 $602,020 $96,320 $30,100 $46,360 $6,620 + Click to watch the Tell Me More Learning Objective 3 video and then answer the questions 1. The resources owned by a business are its a. liabilities b. owner's equity c. assets d. None of these choices are correct. 2. The rights and claims of creditors on a company's assets are represented by a. liabilities b. owner's equity c. assets d. None of these choices are correct. 3. Which element of the accounting equation represents the rights of owners? a. Liabilities b. Owner's equity C. Assets d. None of these choices are correct