Skysong, Inc. had the following accounts and balances: Accounts payable $31100 Equipment $35300 Accounts receivable 4500 Land 35400 Buildings ? Unearned service revenue 10500 Cash 15450 Total stockholders' equity ? If the balance of the Buildings account was $83000, what would be the total of liabilities and stockholders' equity? $173650 $121550 $169150 $132050
Skysong, Inc. had the following accounts and balances: Accounts payable $31100 Equipment $35300 Accounts receivable 4500 Land 35400 Buildings ? Unearned service revenue 10500 Cash 15450 Total stockholders' equity ? If the balance of the Buildings account was $83000, what would be the total of liabilities and stockholders' equity? $173650 $121550 $169150 $132050
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Skysong, Inc. had the following accounts and balances:
Accounts payable
|
$31100 |
Equipment
|
$35300 | |
---|---|---|---|---|
|
4500 |
Land
|
35400 | |
Buildings
|
? |
Unearned service revenue
|
10500 | |
Cash
|
15450 |
Total
|
? |
If the balance of the Buildings account was $83000, what would be the total of liabilities and stockholders' equity?
$173650
$121550
$169150
$132050
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