Objectives : Apply the accounting equation; evaluate business operations.
Compute the missing amount in the accounting equation for each company (amounts in billions):
|
|
Assets
|
Liabilities
|
Stockholders' Equity
|
|
Beautiful Florals
|
$ ?
|
$47
|
$36
|
|
Corner Groceries
|
26
|
?
|
19
|
|
State Bank
|
33
|
11
|
?
|