The Zonga Corporation Stockholders' Equity section includes the following: $\begin{array} { | l | r | }
\hline \text { Preferred Stock } & \$ 22,000 \
\hline \text { Common Stock } & 48,000 \
\hline \text { Paid-in Capital in Excess of Par-Preferred } & 2,980 \
\hline \text { Paid-in Capital in Excess of Par-Common } & 3,400 \
\hline \text { Retained Earnings } & 7,350 \
\hline
\end{array}$ Total paid-in capital is:

Question

The Zonga Corporation Stockholders' Equity section includes the following: $\begin{array} { | l | r | } 
\hline \text { Preferred Stock } & \$ 22,000 \
\hline \text { Common Stock } & 48,000 \
\hline \text { Paid-in Capital in Excess of Par-Preferred } & 2,980 \
\hline \text { Paid-in Capital in Excess of Par-Common } & 3,400 \
\hline \text { Retained Earnings } & 7,350 \
\hline
\end{array}$ Total paid-in capital is:

Quizplus · Accepted Answer

Total paid-in capital includes Preferred Stock ($22,000), Common Stock ($48,000), Paid-in Capital in Excess of Par-Preferred ($2,980), and Paid-in Capital in Excess of Par-Common ($3,400). Adding these amounts gives $22,000 + $48,000 + $2,980 + $3,400 = $76,380.

The Zonga Corporation Stockholders' Equity Section Includes the Following Total Paid-In Capital Is: A)$83,730

The Zonga Corporation Stockholders' Equity Section Includes the Following Total Paid-In Capital Is:
A)$83,730