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Sela Company has the following account balances: Cash $30,000 Retained Earnings 60,000 Equipment 50,000 Buildings 100,000 Notes Payable 50,000 Utilities Payable 30,000 Find total Owners'
Sela Company has the following account balances:
Cash $30,000 Retained Earnings 60,000 Equipment 50,000 Buildings 100,000 Notes Payable 50,000 Utilities Payable 30,000 Find total Owners' Equity.
Note: Not all accounts are shown, but the accounts shown are sufficient to correctly answer the question. All asset accounts are shown, and all liability accounts are shown.
Group of answer choices
$100,000
$80,000
$60,000
$180,000
$30,000
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