A company’s January 1, 2014 balance sheet reported total assets of $120,000 and total liabilities of $40,000. During January 2014, the following transactions occurred: (A) the company issued stock and collected cash totaling $30,000; (B) the company paid an account payable of $6,000; (C) the company purchased supplies for $1,000 with cash; (D) the company purchased land for $60,000 paying $10,000 with cash and signing a note payable for the balance. What is total stockholders’ equity after the transactions above? A. $30,000.

B. $110,000.

C. $80,000.

D. $194,000.

B. $110,000

Explanation:

Calculation for the total stockholders equity

First step is to calculate the Beginning equity

Beginning equity = $120,000 − $40,000

Beginning equity = $80,000.

Now let calculate the stockholders' equity

Stockholders' equity = $80,000 + $30,000

Stockholders' equity = $110,000

Therefore the total stockholders equity will be $110,000

step 1: create a plan

step 2: inventory facility equipment/assets

step 3: create preventive maintenance procedures

step 4: create preventive maintenance schedules

step 5: train your maintenanceteam

step 6: analyze – adjust - improve

or

step 1 – pm procedure design: doing the effective things

step 2 – pm procedure scheduling: efficient use of people and resources

step 3 – pm lubrication engineering

step 4 – pm training: back on the chain gang

step 5 – pm program management plan

step 6 – communicate, communicate, communicate