Solved: Houghton company has the following items common stock, Accounting Basics

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Houghton company has the following items common stock

Question - Houghton Company has the following items: common stock, $900,000; treasury stock, $105,000; deferred taxes, $125,000 and retained earnings, $390,000. What total amount should Houghton Company report as stockholders' equity?

A) $1,060,000.

B) $1,185,000.

C) $1,395,000.

D) $1,310,000.

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Accounting Basics: Houghton company has the following items common stock

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Accounting Basics: Houghton company has the following items common stock

Reference No:- TGS02589177

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