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Question 70 Use the following accounts from the December 31, 2019 Adjusted Trial Halance to answer the question below (NOTE: this information will be needed

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Question 70 Use the following accounts from the December 31, 2019 Adjusted Trial Halance to answer the question below (NOTE: this information will be needed to answer questions 63-70): Accounts Payable $45,000, Accounts Receivable $20,000, Accumulated Depreciation Equipment $50,000, Allowance for Doubtful Accounts $1,000, Bonds Payable $50,000, Cash $62,000, Cash dividends $14.000, Common stock $3,000, Cost of goods sold $82,000, Depreciation expense $7,000, Equipment 250,000, Interest Expense 2,000, Gain on sale of equipment $3,000, Merchandise inventory $24,000, Notes payable (due 9/30/21) $3,000, PIC in excess of par.common stock $100,000, PIC from treasury stock $7,000, Preferred stock $30,000, Prepaid rent $3,000, Retained earnings $32,000, Salary expense $23,000, Sales returns & allowances $10,000, Sales revenue $184,000, Supplies $2.000, Treasury Stock $3,000, Uneamed sales revenue $4,000, Utilities expense $10,000. Total stockholders' equity at December 31, 2019 is: O O O $200,000 $211,000 $172,000 $169,000

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