**The Basic Accounting Equation - Bucks County …**
https://www.bucks.edu/media/bcccmedialibrary/tutoring/documents/accounting/The-Basic-Accounting-Equation2018.pdf

WebUsing the Accounting Equation, plug in the known amounts: A=L+E $50,000 = $18,500 + E Subtract the Liabilities from both sides: A-L=L-L+E $50,000 - $18,500 = $18,500 - $18,500 + E Combine amounts: A-L=E $31,500 = E The equation MUST STAY IN BALANCE AT ALL TIMES - A change to any one

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