Use the following information to answer:
Susie Lane's Landscaping Company has compiled the following list of account balances of various assets, liabilities, revenues and expenses on December 31, 2019, the end of its first year of operations.

-The stockholders' equity for Susie Lane's Landscaping on December 31, 2019 is:

Question

Use the following information to answer:
Susie Lane's Landscaping Company has compiled the following list of account balances of various assets, liabilities, revenues and expenses on December 31, 2019, the end of its first year of operations.
 
-The stockholders' equity for Susie Lane's Landscaping on December 31, 2019 is:

Quizplus · Accepted Answer

Stockholder's equity = Assets - Liabilities
[($105,600 + $51,000 + $37,800) - ($15,000 + $49,200)] = ($194,400 - $64,200 = $130,200)

Use the Following Information to Answer