Bloom Manufacturing had the following accounts and balances: Accounts payable Equipment $41,500 $45,700 Accounts receivable $6,890 Land $44,200 Buildings- $10,450 Unearned service $18,600 revenue Cash If the total stockholder's equity is $103,600, what is the balance of the Buildings account?

Bloom Manufacturing had the following accounts and balances: Accounts payable Equipment $41,500 $45,700 Accounts receivable $6,890 Land $44,200 Buildings- $10,450 Unearned service $18,600 revenue Cash If the total stockholder's equity is $103,600, what is the balance of the Buildings account?

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 17BEA: Ernst Companys balance sheet shows total liabilities of 32,500,000, total stockholders equity of...

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Question

What is the balance of the buildings account?

Bloom Manufacturing had the following accounts and
balances:
Accounts payable
Equipment
$41,500
$45,700
Accounts receivable $6,890
Land
$44,200
Buildings-
$10,450
Unearned service
$18,600
revenue
Cash
If the total stockholder's equity is $103,600, what is the balance
of the Buildings account?

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