On December 1, 2019, Geneva Jordan opened her new business with the following assets and liabilities. Complete the accounting equation for the firm.Accounts Payable$ 2,100Prepaid Rent$ 7,000Cash3,750Loans Payable15,000Equipment26,200Supplies1,900Assets $________ = Liabilities $________ + Owner's Equity $________

What will be an ideal response?


Assets $38,850 = Liabilities $17,100 + Owner's Equity $21,750

Business

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nflation, unemployment, business cycles, and growth are all the subject of:

a. economics b. macroeconomics c. microeconomics d. management e. marketing

Business