Describe what liabilities value would be if Assets are $50,000 and Owners’ Equity is $25,000 by showing the Accounting Equation

Please assist with these questions:

The Accounting Equation is used to develop the organizations financial reports.

(1) Describe what liabilities value would be if Assets are $50,000 and Owners’ Equity is $25,000 by showing the Accounting Equation and (2) provide an example of two liability accounts.


 

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