Accounting

What is the total stockholders' equity based on the following account balances?
Common Stock
$450,000
Paid-In Capital in Excess of Par
90,000
Retained Earnings
190,000
Treasury Stock
10,000

Answer

A.$740,000

B.$730,000

C.$720,000

D.$640,000

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  3. 👁 2,218
  1. 450,000 + 90,000 + 190,000 - 10,000
    730, 000 - 10,000 =$ 720,000

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    2. 👎 1

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