The Following Amounts Are Reported in the Ledger of Mariah $$\begin{array} { l r } \text { Assets } & \$ 80,000 \\\text { Liabilities } & 36,000 \\\text { Retained Earnings } & 12,000\end{array}$$

question 18

Multiple Choice

The following amounts are reported in the ledger of Mariah Company:
$$\begin{array} { l r } \text { Assets } & \$ 80,000 \\\text { Liabilities } & 36,000 \\\text { Retained Earnings } & 12,000\end{array}$$
What is the balance in the Common Stock account?

• A)$44,000.
• B)$32,000.
• C)$48,000.
• D)$42,000.

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