Question
Accounting
What is the total stockholders' equity based on the following account balances?
Common Stock $339,800
Paid-In Capital in Excess of Par $59,600
Retained Earnings $174,550
Treasury Stock $20,900
Select the correct answer.
$399,400
$553,050
$573,950
$594,850
Common Stock $339,800
Paid-In Capital in Excess of Par $59,600
Retained Earnings $174,550
Treasury Stock $20,900
Select the correct answer.
$399,400
$553,050
$573,950
$594,850
Answers
$573,950
treasury stock is not added,;
339800+174550+59600 = $573950
so
option C $573,950
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