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a companys jan. 1, 2019 balance sheet reported total assets of $120,000 and total liabilities of $40,000. During Jan. 2019 the following transaction occurred .
a companys jan. 1, 2019 balance sheet reported total assets of $120,000 and total liabilities of $40,000. During Jan. 2019 the following transaction occurred . a company issued stock and collected cash for $30,000. B. The company paid an account payable of $6,000. C. The company purchased for $1,000 cash. d. The company purchased land for $60,000 paying $10,000 with cash and signing a note payable for the balance. What is the total stockholders equity after the transactions above? $30,000 or $110,000,or $194,000 or $80,000.
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