Business, 10.10.2019 00:00 jmoney531

On december 31, 2016, krug company prepared adjusting entries that included the following items: depreciation expense: $31,000. accrued sales revenue: $29,000. accrued expenses: $12,000. used insurance: $9,000; the insurance was initially recorded as prepaid. rent revenue earned: $7,000; the rent was initially prepaid by the tenant and credited to unearned rent revenue. if krug company reported stockholders' equity of $280,000 prior to the adjusting entries, how much is krug's stockholders' equity after the adjusting entries? $280,000. $262,000. $295,000. $264,000.

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On december 31, 2016, krug company prepared adjusting entries that included the following items: de...

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