=+EX 13-14 Reporting paid-in capital obj. 6 Total paid-in capital, $2,225,000 The following accounts and their

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=+EX 13-14 Reporting paid-in capital obj. 6

✔ Total paid-in capital, $2,225,000 The following accounts and their balances appear in the ledger of Newberry Properties Inc. on June 30 of the current year:

Common Stock, $75 par . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,350,000 Paid-In Capital in Excess of Par . . . . . . . . . . . . . . . . . . . . . . . . . . 108,000 Paid-In Capital from Sale of Treasury Stock . . . . . . . . . . . . . . . . . 12,000 Retained Earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,950,000 Treasury Stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70,000

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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