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    Expanded Accounting Equation

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    For the following four cases, use the expanded accounting equation to compute the missing quantity.

    Assets Liabilities Capital Stock Retained Earnings
    Case A $20,000 $ 8,000 A $ 3,500

    Case B 16,000 B $ 5,000 2,000

    Case C C 11,000 14,000 32,000

    Case D 46,000 30,000 20,000 D

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    https://brainmass.com/business/business-math/expanded-accounting-equation-121546

    Solution Preview

    Case A value of Capital stock (A)= Asset - Liabilities - Retained earnings
    = 20000-8000-3500
    = 8500
    Case B ...

    Solution Summary

    The solution contains computation of missing value by using the expanded accounting equation.

    $2.19

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