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What is the total stockholders equity based on the following account balances? Common Stock $2260000 Paid-In Capital in Exce

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Answer #1

Answer : B = $ 2,886,000

>> Total Stockholders Equity = Common stock + Paid in capital in excess of par + Retained earning - Treasury stock.

>> Total Stockholders equity = $ 2,260,000 + $ 126,000 + $ 566,000 - $ 66,000

>> Total Stockholders equity = $ 2,886,000

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