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Homework answers / question archive / Problem #3: Using the accounting equation, complete the following problem by filling in the yellow highlighted cells

Problem #3: Using the accounting equation, complete the following problem by filling in the yellow highlighted cells

Accounting

Problem #3: Using the accounting equation, complete the following problem by filling in the yellow highlighted cells. 10 pts.  
                 
  As of December 31, 2018   As of December 31, 2019          
Total Assets $                      1,500,000              
Total Liabilities

700,000

   1,400,000          
Total Equity $                         800,000   $                         900,000          
                 
                 
Ending Equity (Equity as of December 31,2019)            
Beginning Equity (Equity as of December 31,2018)            
Increase in Equity            

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