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    Financial and Managerial Accounting Study Set 3
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    Exam 1: Uses of Accounting Information and the Financial Statements
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    Sinoyianis Realty Company Had the Following Balance Sheet Accounts and Balances
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Sinoyianis Realty Company Had the Following Balance Sheet Accounts and Balances

Question 126

Question 126

Multiple Choice

Sinoyianis Realty Company had the following balance sheet accounts and balances:
Sinoyianis Realty Company had the following balance sheet accounts and balances:    -If the equipment were sold for $14,000,what would be the total of stockholders' equity? A) $8,000 B) $22,000 C) $36,000 D) $40,000
-If the equipment were sold for $14,000,what would be the total of stockholders' equity?


A) $8,000
B) $22,000
C) $36,000
D) $40,000

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