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Practice the Accounting Equation Examples | ABM 111, Assignments of Agricultural engineering

Material Type: Assignment; Class: Records & Business Planning I; Subject: Agriculture Business Mgmt; University: Morgan Community College; Term: Unknown 1989;

Typology: Assignments

Pre 2010

Uploaded on 08/16/2009

koofers-user-5hp
koofers-user-5hp 🇺🇸

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Use the table below to practice the Accounting Equation
Examples
Owner has $15,000 in assets with a $5,000 loan
Assets - Liabilities =Owner’s Equity
-
=
Owner has $45,000 in assets, $13,000 in liabilities
Assets - Owner’s Equity =Liabilities
-
=
Owner has $22,000 in equity and $9,000 in assets
Owner’s Equity = Assets -Liabilities
=
Print the page, complete, and return to your instructor.

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Use the table below to practice the Accounting Equation Examples Owner has $15,000 in assets with a $5,000 loan Assets - Liabilities = Owner’s Equity

  • = Owner has $45,000 in assets, $13,000 in liabilities Assets - Owner’s Equity = Liabilities
  • = Owner has $22,000 in equity and $9,000 in assets Owner’s Equity = Assets - Liabilities = Print the page, complete, and return to your instructor.