Question

what is the total stockholders equity based on the following account balances common stock 850000 paid in capital in excess of par 50000

Answer 1

the total stockholder equity is $900,000

Step-by-step explanation:

The computation of the total stockholder equity is shown below;

= Common stock + paid in capital in excess of par

= $850,000 + $50,000

= $900,000

We simply added these two amounts so that the correct amount could come

hence, the total stockholder equity is $900,000

As these two amount increased the equity