What is the total stockholders' equity based on the following account balances? $$\begin{array} { l r }
\text { Common Stock } & \$ 1,800,000 \
\text { Paid-In Capital in Excess of Par } & 100,000 \
\text { Retained Earnings } & 360,000 \
\text { Treasury Stock } & 60,000
\end{array}$$
A)$1,900,000.
B)$2,320,000.
C)$2,260,000.
D)$2,200,000.

Question

What is the total stockholders' equity based on the following account balances? $$\begin{array} { l r } 
\text { Common Stock } & \$ 1,800,000 \
\text { Paid-In Capital in Excess of Par } & 100,000 \
\text { Retained Earnings } & 360,000 \
\text { Treasury Stock } & 60,000
\end{array}$$
A)$1,900,000.
B)$2,320,000.
C)$2,260,000.
D)$2,200,000.

Quizplus · Accepted Answer

The Answer of What is the total stockholders' equity based on the following account balances? $$\begin{array} { l r } 
\text { Common Stock } & \$ 1,800,000 \
\text { Paid-In Capital in Excess of Par } & 100,000 \
\text { Retained Earnings } & 360,000 \
\text { Treasury Stock } & 60,000
\end{array}$$
A)$1,900,000.
B)$2,320,000.
C)$2,260,000.
D)$2,200,000.

What Is the Total Stockholders' Equity Based on the Following