Multiple Choice
Houghton Company has the following items: share capital-ordinary, $720,000; treasury shares, $85,000; deferred taxes, $100,000 and retained earnings, $313,000.What total amount should Houghton Company report as shareholders' equity?
A) $848,000.
B) $948,000.
C) $1,048,000.
D) $1,118,000.
Correct Answer:
Verified
Correct Answer:
Verified
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