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gnment/takeAssignmentMaindoinvoker assignmentstakeAssignmernt Dr. L. M. Paton is an ophthalmologist As of December 31, Dr. Patton owned the following property that elated tos prfessional practice, Pattion Eye Clinic Cash, 2,720 Professional Equipment, $62,400 Office Equipment, $11,220 On the same date, he owed the following business creditors Munez Supply Compay $5,320 Martin Equlpment Sales, $6,180 Compute the following amounts in the accounting equation Assets Equity

Solution

Assets 76330 =2720+62400+11210 Liabilities 11500 =5320+6180 Owner\'s Equity 64830 =76330-11500