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Marvin Services Corporation Had the Following Accounts and Balances

Question 69

Multiple Choice

Marvin Services Corporation had the following accounts and balances: Marvin Services Corporation had the following accounts and balances: If Martin pays $5,000 of Accounts Payable in cash, total stockholders' equity would be A) $135,000. B) $120,000. C) $170,000. D) $130,000. If Martin pays $5,000 of Accounts Payable in cash, total stockholders' equity would be


A) $135,000.
B) $120,000.
C) $170,000.
D) $130,000.

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