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Question 1 The following is the statement of financial position (partial)) of ABC Co. Marketable securities $10,000 Accounts receivables $20,000 Allowance for doubtful account $5,000

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Question 1 The following is the statement of financial position (partial)) of ABC Co. Marketable securities $10,000 Accounts receivables $20,000 Allowance for doubtful account $5,000 Patent $3,000 Prepaid insurance $2,000 Stockholders' equity $50,000 Treasury shares $10,000 Unearned revenue $30,000 What would be the amount of total stockholders' equity on the statement of financial position of ABC Co. A. $60,000 B. $70,000 C. $50,000 D. $40,000 A Moving to another question will save this response

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