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The Trial Balance of Houston Inc

Question 106

Multiple Choice

The trial balance of Houston Inc. includes the following balances: Common Stock, $40,000; Paid-in Capital in Excess of Par, $64,000; Treasury Stock, $6,000; Preferred Stock, $30,000. Capital stock totals


A) $70,000.
B) $104,000.
C) $134,000.
D) $140,000.

Correct Answer:

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