The following stockholders ' equity accounts, arranged alphabetically, are in the ledger of Shirley Denson Corporation at December 31, 1998 section Instructions Prepare the stockholders ' equity section of the balance sheet at December 31, 1998 Common Stock ($5 stated value) Paid in Capital in Exce...

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The following stockholders' equity accounts, arranged alphabetically, are in the ledger of Shirley Denson Corporation at December

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The following stockholders' equity accounts, arranged alphabetically, are in the ledger of Shirley Denson Corporation at December 31, 1998:

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\section*{Instructions}
Prepare the stockholders' equity section of the balance sheet at December 31, 1998

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The following stockholders' equity accounts, arranged alphabetically, are in the ledger of Shirley Denson Corporation at December

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Common Stock ($5 stated value) Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Preferred Stock (8%, $50 par, noncumulative) Retained Earnings Treasury Stock Common (10,000 shares) $2,500,000 692,000 1,500,000 800,000 1,958,000 130,000

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