Question
As of December 31, 2017, Wilson Corporation reported the following: Cash dividends payable $ 20,000 Treasury stock 600,000 Paid-in capitalshare repurchase 20,000 Common stock and
As of December 31, 2017, Wilson Corporation reported the following:
| Cash dividends payable | $ | 20,000 |
| Treasury stock |
| 600,000 |
| Paid-in capitalshare repurchase |
| 20,000 |
| Common stock and other paid-in capital accounts |
| 4,000,000 |
| Retained earnings |
| 3,000,000 |
What was shareholders' equity as of December 31, 2017?
A) $7,020,000.
B) $6,440,000.
C) $6,420,000.
D) $6,400,000.
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Handbook Of Energy Audits
Authors: Albert Thumann, Terry Niehus, William J. Younger
7th Edition
1420067915, 978-1420067910
