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What Is the Total Stockholders' Equity Based on the Following

Question 168

Multiple Choice

What is the total stockholders' equity based on the following account balances?  Common Stock $1,300,000 Paid-In Capital in Excess of Par 100,000 Retained Earnings 360,000 Treasury Stock 60,000\begin{array} { l r } \text { Common Stock } & \$ 1,300,000 \\\text { Paid-In Capital in Excess of Par } & 100,000 \\\text { Retained Earnings } & 360,000 \\\text { Treasury Stock } & 60,000\end{array}


A) $1,400,000.
B) $1,820,000.
C) $1,760,000.
D) $1,700,000.

Correct Answer:

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