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Dereks Condiment Emporium had the following accounts and balances Cash $15,000 Accounts receivable $5,000 Equipment $35,000 Land $35,000 Buildings ? Accounts payable $30,000 Unearned Revenue
Dereks Condiment Emporium had the following accounts and balances
Cash $15,000
Accounts receivable $5,000
Equipment $35,000
Land $35,000
Buildings ?
Accounts payable $30,000
Unearned Revenue $10,000
Total stockholders' equity ?
If the balance of the Buildings account was $10,000 what would be the balance of the total stockholders' equity?
Question 25 options:
$70,000 | |
$60,000 | |
$50,000 | |
$80,000 |
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