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2 years ago

Determine the missing amount for each of the following:

Business

1 answer:

Alja [10]2 years ago

4 0

Answer:

(a) $3,930,000

(b) $386,200

Explanation:

(a) Assets = Liabilities + Owner's Equity

Assets = $556,000 + $3,374,000

= $3,930,000

(b) Assets = Liabilities + Owner's Equity

$6,111,200 = Liabilities + $5,725,000

Liabilities = $6,111,200 - $5,725,000

= $386,200

$2,150,000 = $812,500 + Owner's Equity

Owner's Equity = $2,150,000 - $812,500

= $1,337,500

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Ksivusya [100]

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<h3>How do you determine the level of wages?</h3>

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Learn more about the level of wages here:

brainly.com/question/1142533

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1 year ago

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