At the end of the accounting period, Isaac Company had a balance of $4,000 in its common

Question:

At the end of the accounting period, Isaac Company had a balance of $4,000 in its account, additional paid in capital of $4,000, retained earnings of $3,000, and $1,000 of treasury stock. The total amount of stockholders' equity is:
a. $10,000.b. $13,000.
c. $12,000.d. $8,000
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...