The following is a list of selected account balances taken from the December 31, 2021, general ledger of Selecta Corp. Account Payable 50,000 Accounts Receivable 45,500 Ordinary Share Capital 126,000 Paid in Capital in Excess of Par –Ordinary Share Capital 110,500 Paid in Capital in Excess of Par – Preferred Share Capital 10,250 Preference Share Capital 58,000 Preference Share capital Subscribed 6,000 Retained Earnings 20,500 Subscription Receivable –Preference 10,500 Compute for total stockholder’s equity for Selecta Corp. On December 31, 2021.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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6. The following is a list of selected account balances taken from the December 31, 2021, general ledger of Selecta Corp.

Account Payable 50,000

Accounts Receivable 45,500

Ordinary Share Capital 126,000

Paid in Capital in Excess of Par –Ordinary Share Capital 110,500

Paid in Capital in Excess of Par – Preferred Share Capital 10,250

Preference Share Capital 58,000

Preference Share capital Subscribed 6,000

Retained Earnings 20,500

Subscription Receivable –Preference 10,500

Compute for total stockholder’s equity for Selecta Corp. On December 31, 2021.

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