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TB MC Qu. 01-183 (Algo) At the beginning of Year 2, Jones Company had... At the beginning of Year 2, Jones Company had a balance
TB MC Qu. 01-183 (Algo) At the beginning of Year 2, Jones Company had... At the beginning of Year 2, Jones Company had a balance in common stock of $213,000 and a balance in retained earnings of $6,300. During Year 2, the following transactions occurred: - Issued common stock for $55,200 - Earned net income of $32,600 - Paid dividends of $12,600 - Issued a note payable for $21,300 Based on the information provided, what is the total stockholders' equity on December 31, Year 2? Multiple Choice $294,500 $317,100 $268,200 $274,500
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