The following information is from the December 31,2017 balance sheet of Tudor Corporation. $$\begin{array} { | l | r | }
\hline \text { Preferred Stock, } \$ 100 \text { par } & \$ 390,000 \
\hline \text { Paid-In Capital in Excess of Par-Preferred } & 25,000 \
\hline \text { Common Stock, } \$ 1 \text { par } & 152,000 \
\hline \text { Paid-In Capital in Excess of Par-Common } & 346,000 \
\hline \text { Retained Earnings } &83,900 \
\hline \text { Total Stockholders' Equity } & \$ 996,900 \
\hline
\end{array}$$ What was the total paid-in capital as of December 31,2017?

Question

The following information is from the December 31,2017 balance sheet of Tudor Corporation. $$\begin{array} { | l | r | } 
\hline \text { Preferred Stock, } \$ 100 \text { par } & \$ 390,000 \
\hline \text { Paid-In Capital in Excess of Par-Preferred } & 25,000 \
\hline \text { Common Stock, } \$ 1 \text { par } & 152,000 \
\hline \text { Paid-In Capital in Excess of Par-Common } & 346,000 \
\hline \text { Retained Earnings } &83,900 \
\hline \text { Total Stockholders' Equity } & \$ 996,900 \
\hline
\end{array}$$ What was the total paid-in capital as of December 31,2017?

Quizplus · Accepted Answer

The Answer of The following information is from the December 31,2017 balance sheet of Tudor Corporation. $$\begin{array} { | l | r | } 
\hline \text { Preferred Stock, } \$ 100 \text { par } & \$ 390,000 \
\hline \text { Paid-In Capital in Excess of Par-Preferred } & 25,000 \
\hline \text { Common Stock, } \$ 1 \text { par } & 152,000 \
\hline \text { Paid-In Capital in Excess of Par-Common } & 346,000 \
\hline \text { Retained Earnings } &83,900 \
\hline \text { Total Stockholders' Equity } & \$ 996,900 \
\hline
\end{array}$$ What was the total paid-in capital as of December 31,2017?

The Following Information Is from the December 31,2017 Balance Sheet