Use the following information to determine Total Stockholders' Equity: $$\begin{array} { l r }
\text { Total Assets } & \$ 85,000 \
\text { Total Liabilities } & 21,000 \
\text { Total Stockholders' Equity } & x \
\text { Total Retained Earnings } & 9,000
\end{array}$$
A) $58,000
B) $64,000
C) $55,000
D) $40,000

Question

Use the following information to determine Total Stockholders' Equity: $$\begin{array} { l r } 
\text { Total Assets } & \$ 85,000 \
\text { Total Liabilities } & 21,000 \
\text { Total Stockholders' Equity } & x \
\text { Total Retained Earnings } & 9,000
\end{array}$$
A) $58,000
B) $64,000
C) $55,000
D) $40,000

Quizplus · Accepted Answer

The Answer of Use the following information to determine Total Stockholders' Equity: $$\begin{array} { l r } 
\text { Total Assets } & \$ 85,000 \
\text { Total Liabilities } & 21,000 \
\text { Total Stockholders' Equity } & x \
\text { Total Retained Earnings } & 9,000
\end{array}$$
A) $58,000
B) $64,000
C) $55,000
D) $40,000

Use the Following Information to Determine Total Stockholders' Equity A) $58,000 B) $64,000 C) $55,000 D) $40,000

Use the Following Information to Determine Total Stockholders' Equity A) $58,000
B) $64,000
C) $55,000
D) $40,000