Novak Corp had the following accounts and balances: Accounts payable $29,300 Accounts receivable $4,500 Buildings $95,900 Cash

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Novak Corp had the following accounts and balances:

Accounts payable $29,300

Accounts receivable $4,500

Buildings $95,900

Cash $15,150

Equipment $34,200

Land $35,400

Unearned service revenue $9,900

If Novak sold the equipment $34,200 what would be the total of stockholders equity?

Related Book For answer-question

Fundamental financial accounting concepts

ISBN: 978-0078025365

8th edition

Authors: Thomas P. Edmonds, Frances M. Mcnair, Philip R. Olds, Edward

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Posted Date: May 29, 2023 07:53 AM

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Novak Corp had the following accounts and balances: Accounts payable $29,300 Accounts receivable $4,500 Buildings $95,900 Cash

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Fundamental financial accounting concepts

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