Question
The following information is available from the accounting records of BIG10 Corporation (assume normal balances): Cash $30,000 Treasury Stock $20,000 Common Stock 200,000 Paid-In Capital
The following information is available from the accounting records of BIG10 Corporation (assume normal balances):
| Cash | $30,000 |
| Treasury Stock | $20,000 |
| Common Stock | 200,000 |
| Paid-In Capital in Excess of Par | 50,000 |
| Retained Earnings | 100,000 |
What is the amount of stockholders' equity for BIG10 Corporation?
| $370,000 | ||
| $400,000 | ||
| $360,000 | ||
| $330,000 | ||
| $350,000 |
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Auditing That Matters
Authors: Norman D Marks
1st Edition
1537662023, 978-1537662022
