Question
The account balances for HydroTech as of May 31, 2001, are listed below in random order: Accounts Payable: $10,000 Accounts Receivable: $12,000 Building: $40,000 Cash:
The account balances for HydroTech as of May 31, 2001, are listed below in random order:
Accounts Payable: $10,000
Accounts Receivable: $12,000
Building: $40,000
Cash: $6,000
Equipment: $16,000
Land: $50,000
Notes Payable: $28,000
Capital Stock: $86,000
On June 3, HydroTech collected $7,000 of its accounts receivable and paid $4,000 of its accounts payable. In addition, $2,400 of additional stock was issued for cash. On June 4, another $3,000 of stock was issued for cash. Refer to the above data. On June 5, the balance in the Capital Stock Account is:
Question 7 options:
$79,000
Some other amount
$81,400
$91,400
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