Solved

Henrietta Company Reported Total Stockholders' Equity of $870,000 on Its

Question 30

Multiple Choice

Henrietta Company reported total stockholders' equity of $870,000 on its Dec 31, 2018, balance sheet. The following information is available for the year ended Dec 31, 2019:
Henrietta Company reported total stockholders' equity of $870,000 on its Dec 31, 2018, balance sheet. The following information is available for the year ended Dec 31, 2019:   What are the total liabilities of the company on December 31, 2019? A)  $1,292,000 B)  $1,260,000 C)  $2,432,000 D)  $ 562,000 What are the total liabilities of the company on December 31, 2019?


A) $1,292,000
B) $1,260,000
C) $2,432,000
D) $ 562,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions