Stockholders' equity includes all of the following except:
A)Common stock at par
B)Treasury stock
C)Contributed capital in excess of par
D)Retained earnings

Question

Quizplus · Accepted Answer

Stockholders' equity includes common stock at par, contributed capital in excess of par, and retained earnings. Treasury stock, however, is a contra equity account and is deducted from the total stockholders' equity.

Stockholders' Equity Includes All of the Following Except