Using the expanded accounting equation, solve for the missing amount. Assets $85,410 Liabilities 1,760 Common Stock ? Dividends 16,750 Revenues 50,265 Expenses 24,675 Begin by selecting the formula for the expanded accounting equation. Then enter the amounts to solve for the missing amount. ▼ = + - + -

Common stock = $74810

Explanation:

The expanded  Accounting Equation is an accounting equation that places more emphasise on the on the owners equity amount by showing separately how each transaction affects owners equity amount.

Assets= liabilities + Capital+ revenue - expenses - dividends

85410 = 1760 + common stock + 50265 - 24675 - 16750

Common stock = 24675 + 16750 - 50265 - 1760 + 85410

Common stock = $74810

if you use only 25 for your entertainment and only 200 for the groceries that you really need and take out the 50 per month for the computer then that should be enough

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know