wiljoystoltz6296 wiljoystoltz6296
  • 18-05-2021
  • Business
contestada

what is the total stockholders equity based on the following account balances common stock 850000 paid in capital in excess of par 50000

Respuesta :

andromache andromache
  • 20-05-2021

Answer:

the total stockholder equity is $900,000

Explanation:

The computation of the total stockholder equity is shown below;

= Common stock + paid in capital in excess of par

= $850,000 + $50,000

= $900,000

We simply added these two amounts so that the correct amount could come

hence, the total stockholder equity is $900,000

As these two amount increased the equity

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