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What would be the balance of the total stockholders equity

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Reference no: EM131747644

Vaughn Manufacturing had the following accounts and balances:

Accounts payable $31300   Equipment $35200
Accounts receivable 4700   Land 35600
Buildings ?   Unearned service revenue 9700
Cash 14500   Total stockholders' equity ?

If the balance of the Buildings account was $67500 and $4600 of Accounts Payable were paid in cash, what would be the balance of the total stockholders' equity?

$131000

$116500

$126200

$166200

 

Reference no: EM131747644

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