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The balances of select accounts of stephanie company as of

Question - The balances of select accounts of Stephanie Company as of December 31, 2016 are given below.

	Debit	Credit
Building	$100,000
Cash	6,000
Office Supplies	1,200
Furniture	7,000
Prepaid Insurance	650
Accumulated Depreciation - Furniture		$3,000
Land	32,000
Accumulated Depreciation - Building		4,500
Accounts Receivable	3,000

What amount of total long-term assets would be shown on the balance sheet?

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Accounting Basics: The balances of select accounts of stephanie company as of

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