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Houghton Company Has the Following Items: Share Capital-Ordinary, €820,000; Treasury

Question 103

Multiple Choice

Houghton Company has the following items: share capital-ordinary, €820,000; treasury shares, €85,000; deferred taxes, €100,000 and retained earnings, €313,000. What amount should Houghton Company report as total equity?


A) €948,000.
B) €1,048,000.
C) €1,148,000.
D) €1,218,000.

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