A corporation has the following account balances on December 31, 2019:

Accounts payable	$2,500
Accounts receivable	5,200
Advertising expense	450
Cash	1,500
Common stock	1,500
Interest expense	400
Service revenue	4,500
Supplies expense	240
Retained earnings (Jan. 1)	1,690
Unused supplies	200
Wages expense	2,200

Calculate ending stockholders’ equity.

Group of answer choices

$4,400

$2,900

$‐0‐

$2,710

Answer rating: 100% (QA)

Computation of ending common stock for the year ended December 312019 Particulars A... View the full answer