At the end of the year, SG Manufacturing listed the following account balances in their general ledger
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Question:
At the end of the year, SG Manufacturing listed the following account balances in their general ledger after the completion of the closing entries.
Common Stock | $100,000 | Additional Paid in Capital, Common Stock | $225,000 |
Treasury Stock | $60,000 | Retained Earnings | $1,200,000 |
Accumulated Other Comprehensive Income | $35,000 |
What would SG Manufacturing report as total stockholders' equity?
Related Book For
Interpreting and Analyzing Financial Statements
ISBN: 978-0132746243
6th edition
Authors: Karen P. Schoenebeck, Mark P. Holtzman
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