Assume That Retained Earnings Had a Beginning Balance of $75,000

Multiple Choice

Assume that retained earnings had a beginning balance of $75,000. Match the following amounts to the appropriate term (a-h) .
-Common Stock = Par Value of Common Stock × Number of Shares of Common Stock Issued = $2 × 10,000 = $20,000

A) Treasury stock
B) Retained earnings
C) Preferred stock
D) Excess of issue price over par (preferred)
E) Common stock
F) Total paid-in capital
G) Excess of issue price over par (common)
H) Total stockholders' equity