Question
On October 10, the stockholders' equity of Sherman Systems appears as follows Common stock$10 par value, 72,000 shares authorized, issued, and outstanding $720,000 Paid-in capital
On October 10, the stockholders' equity of Sherman Systems appears as follows
Common stock$10 par value, 72,000 shares authorized, issued, and outstanding
$720,000
Paid-in capital in excess of par value, common stock
216,000
Retained earnings
864,000
Total stockholders' equity
$1,800,000
How do you get Retained Earnings....................................14,000
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Cost-Benefit Analysis Concepts and Practice
Authors: Anthony E. Boardman, David H. Greenberg, Aidan R. Vining, David L. Weimer
5th edition
1108401295, 9781108415996, 1108415997, 978-1108401296
