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A company's trial balance included the following account balances: Accounts Payable Accounts Receivable Cash Income Tax Payable Inventory Note Payable, due in two years Equipment
A company's trial balance included the following account balances: Accounts Payable Accounts Receivable Cash Income Tax Payable Inventory Note Payable, due in two years Equipment Stockholders' Equity Supplies Wages Payable $ 19,347 81,476 73,464 3,652 25,956 1,849 55,528 204, 208 5,652 13,020 What is the amount of Total Liabilities on the Balance Sheet? Assets totaled $25,950 and liabilities totaled $8,670 at the beginning of the year. During the year, assets decreased by $3,670 and liabilities increased by $2,970. What is the amount of stockholders' equity at the end of the year
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