Use the following information to determine Total Stockholders' Equity: $$\begin{array} { l l }
\text { \$ 50,000 } & \text { Tatal Ansetu } \
15,000 & \text { Total Liabilities } \
\text { x } & \text { Tatal Stachholders Ecruity } \
13,000 & \text { Total Retained Earrings }
\end{array}$$

Question

Use the following information to determine Total Stockholders' Equity: $$\begin{array} { l l } 
\text { \$ 50,000 } & \text { Tatal Ansetu } \
15,000 & \text { Total Liabilities } \
\text { x } & \text { Tatal Stachholders Ecruity } \
13,000 & \text { Total Retained Earrings }
\end{array}$$

Quizplus · Accepted Answer

Total Stockholders' Equity is calculated as Total Assets minus Total Liabilities. So, $50,000 - $15,000 = $35,000.

Use the Following Information to Determine Total Stockholders' Equity A) $52,000 B) $50,000 C) $35,000 D) $22,000

Use the Following Information to Determine Total Stockholders' Equity A) $52,000
B) $50,000
C) $35,000
D) $22,000