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Ahat [919]
2 years ago
10

determine the missing amount in each of the following cases: assets liabilities stockholders' equity a. $420,000 $175,000 answer

245,000 b. answer 73,000 $31,000 $42,000 c. $121,000 answer 31,000 $90,000
Business
1 answer:
MariettaO [177]2 years ago
4 0

The  missing amount in each of the following cases is: $245,000, $73,000, $31,000.

<h3>Assets, liabilities and stockholders' equity</h3>

a. Assets = $420,000

a. Liabilities = $175,000

a. Stockholders' Equity = $245,000

($420,000-$175,000)

b. Assets = $73,000

($42,000+$31,000)

b. Liabilities = $31,000

b. Stockholders' Equity = $42,000

c. Assets = $121,000

c. Liabilities = $31,000

($121,000-$90,000)

c. Stockholders' Equity = $90,000

Therefore the  missing amount in each of the following cases is: $245,000, $73,000, $31,000.

Learn more about Assets, liabilities and stockholders' equity here:brainly.com/question/24534918

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The complete question is:

Determine the missing amount in each of the following cases: assets liabilities stockholders' equity

a.) Assets = $420,000

a.) Liabilities = $175,000

a.) Stockholders' Equity ?

b.) Assets = ?

b.) Liabilities = $31,000

b.) Stockholders' Equity=$42,000

c.) Assets = $121,000

c.) Liabilities = ?

c.) Stockholders' Equity=$90,000

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