Question

A partial list of a corporation's accounts shows the following account balances: Retained earnings, $300,000 Treasury stock, $10,000 Dividends payable, $20,000 Paid-in capital in excess of par value, $55,000 Common stock, $200,000 How much is total stockholders' equity?

Answer 1

The answer and procedures of the exercise are attached in the following image.

Explanation

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.