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-16 Novak Corp. has these accounts at December 31: Common Stock. $8 par, 5.150 shares Issued, 541,200; Paid-in Capital in Excess of Par $33,500; Retained
-16 Novak Corp. has these accounts at December 31: Common Stock. $8 par, 5.150 shares Issued, 541,200; Paid-in Capital in Excess of Par $33,500; Retained Earnings $49.000; and Treasury Stock, 500 shares, $10,500. Prepare the stockholders' equity section of the balance sheet (Enter the account name only and do not provide the descriptive information provided in the question.) Novak Corp. Balance Sheet (Partial) . $
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