The balances of select accounts of Stephanie Company as of December 31, 2016 are given below. What amount of total long-term assets would be shown on the balance sheet?
A) $100,000
B) $131,500
C) $132,000
D) $139,000

Question

The balances of select accounts of Stephanie Company as of December 31, 2016 are given below.  What amount of total long-term assets would be shown on the balance sheet?
A) $100,000 
B) $131,500 
C) $132,000 
D) $139,000

Quizplus · Accepted Answer

The Answer of The balances of select accounts of Stephanie Company as of December 31, 2016 are given below.  What amount of total long-term assets would be shown on the balance sheet?
A) $100,000 
B) $131,500 
C) $132,000 
D) $139,000

The Balances of Select Accounts of Stephanie Company as of December