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Question 38 The following is the statement of financini ponition parties of ABC CO. Marketable securities $10,000 Accounts receivables $20,000 Allowance for doubtful account $5,000

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Question 38 The following is the statement of financini ponition parties 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 Uneared revenue $30,000 What would be the amount of total stockholders' equity on the statement of financial position of ABC Co. A. $40,000 B. $50,000 C. $70,000 D. $60,000 Moving to another question will save this response

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