Assets = Liabilities + Owner's Equity
Example $100,000 $ 50,000 $ 50,000
- $ 50,000 _______ 25,000
- _______ 35,500 27,550
- 94,000 _______ 4,400
- 7,200 2,800 ______
- _______ 2,800 7,200
- 7,200 _______ 4,400
- 18,000 _______ 6,000
- _______ 78,900 15,000
- 17,500 _______ 7,950
- _______ 35,500 55,775
- 78,950 25,750 ______
- 87,000 12,500 ______
- 75,950 36,255 ______
- _______ 55,890 79,780
- 150,890 95,750 ______
- _______ 71,250 15,895
- 7,875 ______ 1,785
- 55,950 ______ 25,890
- _______ 89,875 16,788
- 33,789 13,955 ______
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