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What is the total for owners equity on the balance sheet after the following cash transactions are recorded? * Acquired $30,000 cash from the issue
What is the total for owners equity on the balance sheet after the following cash transactions are recorded? * Acquired $30,000 cash from the issue of common stock. * Borrowed $65,000 from a bank. * Earned $27,000 of revenues. * Expenses were $19,500. * Paid a $6,500 dividend.
Group of answer choices
$53,000
$72,500
$50,500
$31,000
$96,000
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