Nash's Trading Post, LLC had the following accounts and balances: Accounts payable $28000 Equipment $34000 Accounts receivable 4500 Land 34000 Buildings Unearned service 9500 revenue Cash 14500 Total stockholders' equity If the balance of the Buildings account was $75000, what would be the total of liabilities and stockholders' equity? O $157500 O $162000 O $124500 O $115000

Nash's Trading Post, LLC had the following accounts and balances: Accounts payable $28000 Equipment $34000 Accounts receivable 4500 Land 34000 Buildings Unearned service 9500 revenue Cash 14500 Total stockholders' equity If the balance of the Buildings account was $75000, what would be the total of liabilities and stockholders' equity? O $157500 O $162000 O $124500 O $115000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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