Silva Corporation had the following accounts and balances: If Silva paid $10,000 of Accounts Payable in cash, total liabilities and stockholders' equity would be
A)$90,000.
B)$78,000.
C)$80,000.
D)$120,000.

Question

Silva Corporation had the following accounts and balances:  If Silva paid $10,000 of Accounts Payable in cash, total liabilities and stockholders' equity would be
A)$90,000. 
B)$78,000. 
C)$80,000. 
D)$120,000.

Quizplus · Accepted Answer

The Answer of Silva Corporation had the following accounts and balances:  If Silva paid $10,000 of Accounts Payable in cash, total liabilities and stockholders' equity would be
A)$90,000. 
B)$78,000. 
C)$80,000. 
D)$120,000.

Silva Corporation Had the Following Accounts and Balances: If