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Metlock, Inc. had the following accounts and balances: Accounts payable $30400 Equipment $35400 Accounts receivable 5300 Land
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Answer #1

Answer : A = $ 176200.

>> Total of Liabilities and stockholder's equity = Total assets.

>> Total Assets = Accounts receivable + Cash + Equipment + Land + Building account.

>> Total Assets = $ 5300 + $ 15300 + $ 35400 + $ 35900 + $ 84300 = $ 176200.

>> Total of Liabilities and stockholder's equity = $ 176200.

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