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Homework answers / question archive / What is the total stockholders' equity based on the following account balances? Common Stock $2100000 Paid-In Capital in Excess of Par 110000 Retained Earnings 550000 Treasury Stock 50000 O $2820000 O $2000000
What is the total stockholders' equity based on the following account balances? Common Stock $2100000 Paid-In Capital in Excess of Par 110000 Retained Earnings 550000 Treasury Stock 50000 O $2820000 O $2000000. O $2710000. O $2490000
Calculate total stockholders equity
| Common stock | 2100000 |
| Paid in capital in excess of par | 110000 |
| Retained earnings | 550000 |
| Less: treasury stock | -50000 |
| Total stockholders equity | 2710000 |
So answer is c) $2710000
