Determine the Missing Amount for Each of the Following

question 57

Essay

Determine the missing amount for each of the following. $\begin{array}{rrrr}& \underline{\text { Assets }}&=\underline{\text { Liabilities }}+& \underline{\text { Owner's Equity }}\\1 . & (a) & \$ 55,000 & \$ 95,000 \\2 . & \$ 125,000 & (\mathrm{~b}) & \$ 85,000 \\3 . & \$ 160,000 & \$ 65,000 & (\mathrm{c})\end{array}$

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