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Rashid [163]
4 years ago
7

Solve 2x + 0.03x = 255​

Business
1 answer:
Xelga [282]4 years ago
8 0

Answer:

\frac{25500}{3}

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Using the expanded accounting equation, solve for the missing amount
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Answer:

The expanding accounting equation is:

Assets = Liabilities + Stockholders Equity

                                 [Common Stock + Retained Earnings]

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                             ($54,780 - $28,125 - $13,450)

$84,325 = $2,560 + X

                              [  X  + $13,205 ]

$84,325 = $2,560 + X

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$84,325 = $2,560 + $81,765

Both sides are now equal to $84,325

Thus, Common Stock = $68,560

                             

                           

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