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

Question 19

Multiple Choice

Assume that retained earnings had a beginning balance of $75,000. Match the following amounts to the appropriate term (a-h) .
-Total Stockholders' Equity = Total Paid-In Capital + Retained Earnings - Treasury Stock = $330,000 + $235,000 - $15,000 = $550,000


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

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