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can you answer the wrong questions Stockholders' Equity Section of Balance Sheet The following accounts and their balances appear in the ledger of Goodale Properties
can you answer the wrong questions
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 Paid-In Capital from Sale of Treasury Stock Paid-In Capital in Excess of Par-Common Stock Retained Earnings Treasury Stock Prepare the Stockholders' Equity section of the balance sheet as of June 30. Eighty thousand shares of common stock are authorized, and 9,000 shares have been reacquired $3,060,000 115,000 272,000 20,553,000 324,000 Goodale Properties Inc. Stockholders' Equity une 30 Paid-In Capital Common Stock, $45 Par (80,000 Shares Authorized, 68,000 Shares Issued) 3,060,000 Excess of Issue Price Over Par 272,000 Paid-in capital, common stock From Sale of Treasury Stock Total Paid-In Capital 115,000 X 3,447,000 | X 20,553,000 X 20,553,000 20,553,000| X 324,000vV 23,676,000 Retained Earnings Total Treasury Stock (9,000 Shares at Cost) Total Stockholders' EquityStep by Step Solution
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