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The following could be seen in the company's annual accounts at the end of 2019: Cash: $ 8,800. Accounts payable: $ 2,500 Common stock:? Retained
The following could be seen in the company's annual accounts at the end of 2019:
Cash: $ 8,800. Accounts payable: $ 2,500 Common stock:? Retained earnings on 1 January: $ 5,400. Revenue: $ 19,000. Expenses: $ 14,500. Accounts receivable: $ 3,000. Inventories: $ 16,000
Based on the above information, what was the position of common stock at the end of 2019?
$ 900
$ 19,900
$ 15,400
$ 20,800
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