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Stockholders' Equity at the Beginning and End of the Period

Question 7

Multiple Choice

Stockholders' equity at the beginning and end of the period amounts to $16,000 and $19,000,respectively.Assets at the beginning and end of the period amount to $26,000 and $21,000,respectively.Liabilities at the beginning of the period were $10,000.Liabilities at the end of the period amount to


A) $8,000.
B) $6,000.
C) $2,000.
D) $5,000.
E) $3,000.

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