Selected items reported on Gunter Company's balance sheet are as follows: accounts payable: $10,000; notes payable:...
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Selected items reported on Gunter Company's balance sheet are as follows: accounts payable: $10,000; notes payable: $15,000; common stock: $50,000; retained earnings: $25,000; equipment: $30,000; accumulated depreciation: (5,000). Total stockholders' equity reported on Gunter Company's balance sheet should be: 13 O $90,000 O $50,000 O $70,000 O $75,000 Selected items reported on Gunter Company's balance sheet are as follows: accounts payable: $10,000; notes payable: $15,000; common stock: $50,000; retained earnings: $25,000; equipment: $30,000; accumulated depreciation: (5,000). Total stockholders' equity reported on Gunter Company's balance sheet should be: 13 O $90,000 O $50,000 O $70,000 O $75,000
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