Your friend is trying to move a couch. No matter how hard they push, the couch will no budge. Explain to your friend why the couch is not moving even though he is applying force.
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Ответ:
The stockholders' equity is $6,90,000.
Explanation:
Calculating the Total stockholders' equity:
Total stockholders equity = Beginning stock equity + Net income
Total stockholders equity = (31,000 * 20) + 70,000
Total stockholders equity = 6,20,000 + 70,000
Total stockholders equity = $6,90,000