- Zinc Co.'s adjusted trial balance at December 31, 20x1, includes the following account balances:
Ordinary shares, ₱3 par ₱600,000
Share premium 800,000
Treasury stock, at cost 50,000
Accumulated other comprehensive income
(Debit) 20,000
Retained earnings appropriated
for uninsured earthquake losses
150,000
Retained earnings - unappropriated 200,000
What amount should Zinc report as total stockholders' equity in its December 31, 20x1, balance sheet?
a.1,680,000 b. 1,720,000 c. 1,780,000 d. 1,820,000