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Question

CengageNow I online teaching and learning resource from Cengage Learning . Google Chrome west cengagenow.com/ilrn/takeAssignment takeAssignmentMain do?take AssignmentSessionLocatora assi Test: Multiple Choice Exam 3 Chapters 8 & 11 Time Remaining: 0:50:54 Questions 5. 6. 7. 8. 9. E Algorithmic 08-05 What is the total stockholders' equity based on the following account balances? Common Stock Paid-In Capital in Excess of Par $346,600 $49,700 $167,800 32,900 O Retained Earnings 10. Treasury Stock Select the correct answer. $531,200 $597,000 $396,300 12. O 13. O 14. O 564,100 15. O 16. C 18. O 19. O 20 Icon Key E Algorithmic 08-05 Type here to search

Explanation / Answer

Total stockholders' equity balance = 346600+49700+167800-32900= 531200 Option 1 is correct

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