At the end of the accounting period, Harris Company had $6,000 of par value common stock issued, additional paid in capital of $5,500, retained earnings of $6,000, and $2,000 of treasury stock. The total amount of stockholders' equity is:

Question

Quizplus · Accepted Answer

$6,000 common stock + $5,500 additional paid-in capital + $6,000 retained earnings - $2,000 treasury stock = $15,500

At the End of the Accounting Period, Harris Company Had