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Question: At the end of the accounting period RST Company had $2,000 of par value stock outstanding, additional paid in capital of $3,000, retained earnings of $7,000, and $1,000 of treasury stock. The total amount of stockholders' equity is:

A) $13,000

B) $9,000

C) $10,000

D) 11,000

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92572443

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