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At the End of the Accounting Period,Houston Company Had $12,000

Question 111

Multiple Choice

At the end of the accounting period,Houston Company had $12,000 of par value common stock issued,additional paid in capital of $11,000,retained earnings of $12,000,and $4,000 of treasury stock.The total amount of stockholders' equity is:


A) $37,000.
B) $39,000.
C) $19,000.
D) $31,000.

Correct Answer:

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