At the end of accounting period, Callaway had $12,000 of common stock, paid in capital in excess par value-common of $11,000, retained earnings of $12,000, and $4,000 of treasury stock. What is the total amount of stockholders' equity?

At the end of accounting period, Callaway had $12,000 of common stock, paid in capital in excess par value-common of $11,000, retained earnings of $12,000, and $4,000 of treasury stock. What is the total amount of stockholders' equity?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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