Question

The following items are taken from the financial statements of the Martinez Service for the year ending December 31, 2021: Accounts payable $ 17800 Accounts receivable 11200 Accumulated depreciation - equipment 28000 Advertising expense 20800 Cash 15300 Common stock 42900 Dividends 13700 Depreciation expense 12300 Insurance expense 3100 Note payable, due 6/30/22 69700 Prepaid insurance (12-month policy) 6200 Rent expense 17000 Retained earnings (1/1/21) 60200 Salaries and wages expense 32000 Service revenue 132800 Supplies 4000 Supplies expense 5800 Equipment 210000 What is the amount that would be reported for stockholders' equity at December 31, 2021?

          The following items are taken from the financial statements of the Martinez Service for the year ending December 31, 2021:
Accounts payable
$ 17800
Accounts receivable
11200
Accumulated depreciation - equipment
28000
Advertising expense
20800
Cash
15300
Common stock
42900
Dividends
13700
Depreciation expense
12300
Insurance expense
3100
Note payable, due 6/30/22
69700
Prepaid insurance (12-month policy)
6200
Rent expense
17000
Retained earnings (1/1/21)
60200
Salaries and wages expense
32000
Service revenue
132800
Supplies
4000
Supplies expense
5800
Equipment
210000
What is the amount that would be reported for stockholders' equity at December 31, 2021?

the following items are taken from the financial statements of the martinez service for the year ending december 31 2021 accounts payable 17800 accounts receivable 11200 accumulated deprecia 56132

Added by Michael C.

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