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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
S1-1 (Learning Objective 3: Apply the accounting equation) Suppose you manage a Pizza Place restaurant. Identify the missing amount for each situation:
Â
|
Total Assets |
= |
Total Liabilities |
+ |
Stockholders’  Equity |
|
a.                     $       ? |
 |
$150,000 |
 |
$150,000 |
|
b.                       280,000 c.                       210,000 |
 |
110,000 ? |
 |
? 160,000 |
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