Question
At the beginning of 2019, a corporation had assets of $470,000 and liabilities of $340,000. During 2019, assets increased $32,000 and liabilities increased $6,000. What
At the beginning of 2019, a corporation had assets of $470,000 and liabilities of $340,000. During 2019, assets increased $32,000 and liabilities increased $6,000. What was stockholders' equity at December 31, 2019?
Multiple Choice
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$314,000
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$156,000
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$92,000
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$496,000
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Basic Food And Beverage Cost Control
Authors: Jack E. Miller, David K. Hayes
1st Edition
0471579181, 978-0471579182
