Dental Designs Inc Stockholders Equity section includes the

Dental Designs, Inc. Stockholders\' Equity section includes the following information: Preferred Stock Paid - in Capital in Excess of Par-Preferred Common Stock Paid - in Capital in Excess of Par-Common Retained Earnings $13,000 20,000 17,000 8,000 8,000 Total paid- in capital is: O A. $58,000 OB, $30,000 O C. $28,000 OD. $66.000

Solution

Total paid in capital is the paid up capital. that is both in Common Stock and Preferred Stock. therefore Total paid in capital is $ 30000(13000+17000) Paid in capital in excess of par & Retained Earnings will not be considered in Total paid in capital