Parker Corporation's owner's equity is $800,000, and total liabilities are $400,000. The company issued $100,000 in additional stock during the year. What are Parker Corporation's total assets? A. $400,000 B. $800,000 C. $1,200,000 D. $1,300,000

Parker Corporation's owner's equity is $800,000, and total liabilities are $400,000. The company issued $100,000 in additional stock during the year. What are Parker Corporation's total assets? A. $400,000 B. $800,000 C. $1,200,000 D. $1,300,000

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 11MCQ: Chasse Building Supply Inc. reported net cash provided by operating activities of $243,000, capital...

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Question

Hi expert please give me answer general accounting question

Parker Corporation's owner's equity is $800,000, and total liabilities are
$400,000. The company issued $100,000 in additional stock during the
year. What are Parker Corporation's total assets?
A. $400,000
B. $800,000
C. $1,200,000
D. $1,300,000

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