Question
Ballinger Company has the following information: Common Stock balance on January 1, 2025 $350,000 Paid-In Capital Excess of Par balance on January 1, 2025 130,000
Ballinger Company has the following information: Common Stock balance on January 1, 2025 $350,000 Paid-In Capital Excess of Par balance on January 1, 2025 130,000 Retained Earnings balance, January 1, 2025 $185,000 Net Income for 2025 105,000 Dividends declared and paid during 2025 8,000 Understated Supplies Expense in 2024 14,000 What is the ending total stockholders' equity (assume no transactions related to common stock occurred)?
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Wiley CPAexcel Exam Review 2018 Study Guide Auditing And Attestation
Authors: Wiley
1st Edition
1119480671, 978-1119480679
