Final answer:
To calculate the missing amounts from a balance sheet, one would record the known assets, liabilities, and equity figures and perform the necessary calculations. In the example of the bank, the net worth is calculated by subtracting total liabilities from total assets, resulting in a net worth of $220.
Step-by-step explanation:
To answer the student's question regarding the balance sheet and calculation of merchandise balance and current account balance, we would need the specific figures that are mentioned as 'known information' to fill in the table 23.2, 9.2 or 10.2 as provided. Without these details, we cannot provide the exact numbers. However, the structure of the answer would be to list out the known amounts under the appropriate categories of assets, liabilities, and equity and then perform the necessary calculations.
For example, using the provided information for the bank scenario, we can set up a simple T-account:
Assets:
- Cash reserves: $50
- Government bonds: $70
- Loans: $500
Liabilities:
To find the net worth, we subtract the total liabilities from the total assets. The net worth, or the bank's equity, is calculated as follows:
Net Worth = Total Assets - Total Liabilities = ($50 + $70 + $500) - $400 = $220
The net worth of the bank in this scenario is $220.