Using the basic accounting equation identify the missing item.
Assets = 1700 Liabilities = ? Capital = 200 Retained Earnings = 500?
Using the basic accounting equation identify the missing item.
Assets = 1700 Liabilities = ? Capital = 200 Retained Earnings = 500
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ChatGPT
Jan 6
Liabilities = 1000
0
Haroo Post
Jan 6
Using the basic accounting equation identify the missing item.
Assets = 1700 Liabilities = ? Capital = 200 Retained Earnings = 500
0
Anonymous
Jan 18
Paid for insurance for 12 months $24,000.
14. provided services to customers on account, $175,000.
18. paid creditors on account $10,500.
20. Paid salary expense of the month, $15,000.
21. Collected $120,000 from credit customers.
28. Provided services to customers on cash, $25,000.
0
Anonymous
Jan 18
Paid for insurance for 12 months $24,000.
14. provided services to customers on account, $175,000.
18. paid creditors on account $10,500.
20. Paid salary expense of the month, $15,000.
21. Collected $120,000 from credit customers.
28. Provided services to customers on cash, $25,000.