Solved: Olmsted company has the following items common stock 900000, Accounting Basics

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Olmsted company has the following items common stock 900000

Question - Olmsted Company has the following items: common stock, $900,000; treasury stock, $105,000; deferred taxes, $125,000 and retained earnings, $454,000. What total amount should Olmsted Company report as stockholders' equity?

A) $1,124,000.

B) $1,374,000.

C) $1,499,000.

D) $1,249,000.

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Accounting Basics: Olmsted company has the following items common stock 900000

Reference No:- TGS02589163

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Accounting Basics: Olmsted company has the following items common stock 900000

Reference No:- TGS02589163

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