Question
Windsor, Inc. had the following accounts and balances: Accounts payable $29800 Equipment $35500 Accounts receivable 5350 Land 34800 Buildings ? Unearned service revenue 10100 Cash
Windsor, Inc. had the following accounts and balances:
| Accounts payable | $29800 | Equipment | $35500 | |
|---|---|---|---|---|
| Accounts receivable | 5350 | Land | 34800 | |
| Buildings | ? | Unearned service revenue | 10100 | |
| Cash | 15250 | Total stockholders' equity | ? |
If the balance of the Buildings account was $70200 and $5300 of Accounts Payable were paid in cash, what would be the balance of the total stockholders' equity?
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Client Importance And Audit Quality In Highly Connected Jurisdictions
Authors: Kelly G. Yuen
1st Edition
3330350520, 978-3330350526
