Accounts payable $240,000 Common stock 780,000 Retained earnings 259,600 Total liabilities and stockholders' equity $1,279,600 Accounts payable at the end of December would be:

$163,000

Explanation:

Account payable at the end of December is calculated as;

= Accounts payable - Accounts receivables (net of allowance for uncollectible accounts

Given that ;

Accounts payable = $240,000

Accounts receivables = $77,000

Accounts payable at the end of December = $240,000 - $77,000 = $163,000

the answer is b hope you pass

the clients (funders) and customers (individual nonprofit staff) are great to work with. that i can be open about being a person of faith when appropriate. the variety of my tasks each day.