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Bellezone Corporations December 31, 2017 balance sheet showed the following: 8% preferred stock, $20 par value, cumulative, 20,000 shares authorized; 17,000 shares issued $ 340,000
Bellezone Corporations December 31, 2017 balance sheet showed the following:
8% preferred stock, $20 par value, cumulative, 20,000 shares
authorized; 17,000 shares issued $ 340,000
Common stock, $10 par value, 2,000,000 shares authorized;
1,900,000 shares issued, 1,880,000 shares outstanding 19,000,000
Paid-in capital in excess of parpreferred stock 68,000
Paid-in capital in excess of parcommon stock 27,000,000
Retained earnings 7,500,000
Treasury stock (20,000 shares) 630,000
Required to
Prepare the stockholder'sequity
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