Question 4 2 points Save What is the total stockholders equi
Question 4 2 points Save What is the total stockholders equity based on the following account balances? Common ock Paid-in Capital in Excess of Par Retained Earnings 00.000 190.000 A 5460.000 8:5630000 5730 000 .5750.000
Solution
Total stockholders equity=Common stock+Paid in Capital in Excess of Par+Retained Earnings
which is equal to
=(500,000+40,000+190,000)
which is equal to
=$730,000.
