Multiple Choice
The December 31,2014,balance sheet of Giorgio Inc. ,reported total assets of $1,050,000 and total liabilities of $680,000.The following information relates to the year 2015: 
The stockholders' equity section of the December 31,2015,balance sheet would report a balance of
A) $400,000.
B) $685,000.
C) $525,000.
D) $835,000.
Correct Answer:
Verified
Correct Answer:
Verified
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