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A company's financial records at the end of the year included the following amounts: Cash $ 71,100 Accounts Receivable 29,100 Supplies 5,100 Accounts Payable 11,100
A company's financial records at the end of the year included the following amounts: Cash $ 71,100 Accounts Receivable 29,100 Supplies 5,100 Accounts Payable 11,100 Notes Payable 5,550 Common Stock 51,000 Retained Earnings, beginning of year 18,100 Service Revenue 45,850 Wages Expense 9,100 Advertising Expense 6,100 Rent Expense 11,100 What is the amount of total stockholders' equity that would be reported on the Balance Sheet at the end of the year? Multiple Choice $19,550 $105,300 $88,650 $69,100
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