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Use the following information as of December 31 to determine equity. Cash $ 62,000 Buildings 180,000 Equipment 211,000 Liabilities 146,000 Multiple Choice $62,000. $146,000. $307,000.

Use the following information as of December 31 to determine equity.

Cash $ 62,000
Buildings 180,000
Equipment 211,000
Liabilities 146,000

Multiple Choice

  • $62,000.

  • $146,000.

  • $307,000.

  • $453,000.

  • $599,000.

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