Computc the missing amounts in the following table: EXERCISE 2.5 Using the Accounting Equation LO J Assels = Liabillties + Owner's Equity a, $558,000. $342,000 b. 562,500 $375,000 C. 307,500 7. 142,500

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Chapter3: Basic Accounting Systems: Accrual Basis
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ciples that justily THis
Compute the nissing amounts in the following lable:
EXERCISE 2.5
Using the Accounting Equation
LO J
Assets = Liabillties + Owner's Equity
a. S558,000
$342,000
562,500
$375,000
b.
142,500
C.
307,500
TYERCISE 2.6
Transcribed Image Text:ciples that justily THis Compute the nissing amounts in the following lable: EXERCISE 2.5 Using the Accounting Equation LO J Assets = Liabillties + Owner's Equity a. S558,000 $342,000 562,500 $375,000 b. 142,500 C. 307,500 TYERCISE 2.6
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