A company's balance sheet shows cash 34,000 account recievable 22,000 office equipment 56,000 and account payable 23,000 what is the amount of stockholders equity?  A. 23,000 B. 35,000 C. 89,000 D. 112,000 E. 135,000

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter1: The Role Of Accounting In Business
Section: Chapter Questions
Problem 4SEQ: If total assets are $20,000 and total liabilities are $12,000, the amount of stockholders’ equity...
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A company's balance sheet shows cash 34,000 account recievable 22,000 office equipment 56,000 and account payable 23,000 what is the amount of stockholders equity

A. 23,000

B. 35,000

C. 89,000

D. 112,000

E. 135,000

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