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Cash Accounts Receivable Supplies Accounts Payable Notes Payable $ 70,500 28,500 4,500 10,500 5,250 Common Stock 45,000 Retained Earnings, beginning of year 17,500 Advertising Expense
Cash Accounts Receivable Supplies Accounts Payable Notes Payable $ 70,500 28,500 4,500 10,500 5,250 Common Stock 45,000 Retained Earnings, beginning of year 17,500 Advertising Expense Service Revenue Wages Expense Rent Expense What is the amount of total stockholders' equity that would be reported on the Balance Sheet at the end of the year? 49,750 8,500 5,500 10,500 Multiple Choice $103,500 587750 $25.250 $62.500
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