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ageNOWV2 Online teach X + keAssignment/takeAssignment Main.do?invokerStakeAssignmentSessionLocatorkinprogressfat a eBook Stockholders' Equity Section of Balance Sheet The following accounts and their balances appear in the ledger
ageNOWV2 Online teach X + keAssignment/takeAssignment Main.do?invokerStakeAssignmentSessionLocatorkinprogressfat a eBook Stockholders' Equity Section of Balance Sheet The following accounts and their balances appear in the ledger of Goodale Properties Inc. on June 30 of the current year: Common Stock, $45 par $3,060,000 Paid-In Capital from Sale of Treasury Stock 115,000 Paid-In Capital in Excess of Par-Common Stock 272,000 Retained Earnings 20,553,000 Treasury Stock 324,000 Prepare the Stockholders' Equity section of the balance sheet as of June 30 using Method 1 of Exhibit 8. Eighty thousand shares of common stock are authorized, and 9,000 shares have been reacquired. Goodale Properties Inc. Stockholders' Equity June 30 Pald-In Capital: Cash X 2,060,000 X 272,000 Common Stock, $45 Par (80,000 Shares Authorized, 68,000 Shares Issued) x 115,000 X Treasury Stock (9,000 Shares at Cost) x 3,447,000 X Net Income 20,553,000 X
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