The following selected list of accounts with their normal balances was taken from the general ledger of Robbie Company as of December 31, 2019:
Given above information, at the end of 2019:
A) Total Paid-in Capital is $2,140,000, and Total Stockholders' equity is $2,402,000
B) Total Paid-in Capital is $1,480,000, and Total Stockholders' equity is $1,218,000
C) Total Paid-in Capital is $1,810,000, and Total Stockholders' equity is $1,742,000
D) Total Paid-in Capital is $1,480,000, and Total Stockholders' equity is $1,742,000
Correct Answer:
Verified
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