The figure below is a depiction of a T-account.Account 1,700Beg. 1,200800 3,300End.Which of the following statements is correct?
A. The amount reported to stockholders at the end of the period for this account is $3,300.
B. The account could be a liability account.
C. During the period, a journal entry was recorded that included a credit to the account for $800.
D. All of the other answers provide a correct statement.
Answer: D
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