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Determine the Missing Amount Designated with an "X" for Each

Question 23

Essay

Determine the missing amount designated with an "X" for each of the following:  Assets  Liabilities  Owner’s Equity  (a) $78,500$37,600X (b) X53,280$145,000 (c) 49,500X34,000\begin{array}{|cc|c|c|}\hline & \text { Assets } & \text { Liabilities } & \text { Owner's Equity } \\\hline \text { (a) } & \$ 78,500 & \$ 37,600 & \mathrm{X} \\\hline \text { (b) } & \mathrm{X} & 53,280 & \$ 145,000 \\\hline \text { (c) } & 49,500 & \mathrm{X} & 34,000 \\\hline\end{array}

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(a) $40,900 ($78,500 ? $37,60...

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