S 1 – 1 (L earn i ng Obj ec tiv e 3: A pp ly t he acco u n ti ng e qu a ti on ) Suppose you manage a

S1-1 (Learning Objective 3: Apply the accounting equation) Suppose you manage a Pizza Place restaurant. Identify the missing amount for each situation:

 

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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