What is the tatal stockholders equity based on the following account balances?
Common stock $300,000
Paid in capital in excess of par 30,000
Retained earnings 100,000
Treasury Stock 20,000
Total stockholders equity based on the following account balances:
Common stock+Paid in Capital in excess of par+Retained earnings-Treasury stock
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This explains the computation of stockholder's equity with the help of an example