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Use the expanded accounting equation to compute the missing quantity.
For the following four cases, use the expanded accounting equation to compute the missing quantity.
Assets
Liabilities
Capital Stock
Retained Earnings
Case A
$20,000
$8,000
A
$3,500
Case B
16,000
B
$5,000
2,000
Case C
C
11,000
14,000
32,000
Case D
46,000
30,000
20,000
D
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