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ABC Inc. had the following accounts and balances: Accounts payable $22,000 Credit Bonds 31,000 Credit Accounts receivable 16,000 Debit Land 44,000 Debit Equipment ? Building
ABC Inc. had the following accounts and balances: Accounts payable $22,000 Credit Bonds 31,000 Credit Accounts receivable 16,000 Debit Land 44,000 Debit Equipment ? Building 4,000 Debit Cash 16,000 Debit Total Assets ? If the balance of the Equipment account was $13,000 debit and $10,000 of accounts Payable were paid off, what would be the total debit balance in Total Assets?
Group of answer choices $121,000 $86,000 $73,000 $83,000
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