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Marvin Services Corporation Had the Following Accounts and Balances

Question 8

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Marvin Services Corporation had the following accounts and balances: Marvin Services Corporation had the following accounts and balances: If the balance of the Buildings account was $45,000 and the equipment was sold for $21,000, what would be the total of stockholders' equity? A) $39,000 B) $54,000 C) $69,000 D) $75,000 If the balance of the Buildings account was $45,000 and the equipment was sold for $21,000, what would be the total of stockholders' equity?


A) $39,000
B) $54,000
C) $69,000
D) $75,000

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