A company has Total Paid-in Capital of $100,000,Retained Earnings of $200,000,Treasury Stock of $10,000 and Accumulated Other Comprehensive Income of $200,000.What is the CORRECT statement about listing these accounts on the balance sheet?
A) Retained Earnings should be the last line before Total Stockholders' Equity.
B) Total Paid-in Capital should be the last line before Total Stockholders' Equity.
C) Treasury Stock or Accumulated Other Comprehensive Income should be the last line before Total Stockholders' Equity.
D) There is no specific order used by Generally Accepted Accounting Principles.
Correct Answer:
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