What is the total stockholders' equity based on the following account balances
$$\begin{array} { l r }
\text { Common Stock } & \$ 375,000 \
\text { Paid-In Capital in Excess of Par } & 90,000 \
\text { Retained Earnings } & 190,000 \
\text { Treasury Stock } & 15,000
\end{array}$$

A) $670,000
B) $655,000
C) $640,000
D) $565,000

Question

What is the total stockholders' equity based on the following account balances
$$\begin{array} { l r } 
\text { Common Stock } & \$ 375,000 \
\text { Paid-In Capital in Excess of Par } & 90,000 \
\text { Retained Earnings } & 190,000 \
\text { Treasury Stock } & 15,000
\end{array}$$

A) $670,000
B) $655,000
C) $640,000
D) $565,000

Quizplus · Accepted Answer

The Answer of What is the total stockholders' equity based on the following account balances
$$\begin{array} { l r } 
\text { Common Stock } & \$ 375,000 \
\text { Paid-In Capital in Excess of Par } & 90,000 \
\text { Retained Earnings } & 190,000 \
\text { Treasury Stock } & 15,000
\end{array}$$

A) $670,000
B) $655,000
C) $640,000
D) $565,000

What Is the Total Stockholders' Equity Based on the Following