What is the total stockholders' equity based on the following account balances? $$\begin{array} { l r }
\text { Common Stock } & \$ 750,000 \
\text { Paid-In Capital in Excess of Par } & 50,000 \
\text { Retained Earnings } & 175,000 \
\text { Treasury Stock } & 25,000
\end{array}$$
A) $1,000,000.
B) $975,000.
C) $950,000.
D) $800,000.

Question

What is the total stockholders' equity based on the following account balances? $$\begin{array} { l r } 
\text { Common Stock } & \$ 750,000 \
\text { Paid-In Capital in Excess of Par } & 50,000 \
\text { Retained Earnings } & 175,000 \
\text { Treasury Stock } & 25,000
\end{array}$$
A) $1,000,000.
B) $975,000.
C) $950,000.
D) $800,000.

Quizplus · Accepted Answer

Total stockholders' equity is calculated as: Common Stock + Paid-In Capital in Excess of Par + Retained Earnings - Treasury Stock = $750,000 + $50,000 + $175,000 - $25,000 = $950,000.

What Is the Total Stockholders' Equity Based on the Following