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Common Stock, $15 par $243,000 Paid-In Capital in Excess of Par 19,440 Paid-In Capital from Sale of Treasury Stock Retained Earnings 10,500 401,000 Treasury Stock

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Common Stock, $15 par $243,000 Paid-In Capital in Excess of Par 19,440 Paid-In Capital from Sale of Treasury Stock Retained Earnings 10,500 401,000 Treasury Stock 15,105 Prepare the Stockholders' Equity section of the balance sheet as of November 30. Fifty thousand shares of common stock are authorized, and 795 shares have been reacquired. Young Properties Inc. Stockholders' Equity Section of the Balance Sheet November 30 Paid-In Capital: Total paid-in capital Total Total Stockholders' Equity Stockholders' Equity Section of Balance Sheet Premium Imports Inc. retails racing products for BMWs, Porsches, and Ferraris. The following accounts and their balances appear in the ledger of Premium Imports Inc. on November 30, the end of the current year: Common Stock, $10 par $840,000 Paid-In Capital in Excess of Par-Common Stock 252,000 Paid-In Capital in Excess of Par-Preferred Stock 60,900 Pald-In Capital from Sale of Treasury Stock- Common 63,300 Preferred 4% Stock, $50 par 1,015,000 Retained Earnings Treasury Stock-Common 2,722,100 38,500 One hundred thousand shares of preferred and 400,000 shares of common stock are authorized. There are 3,500 shares of common stock held as treasury stock. Prepare the Stockholders' Equity section of the balance sheet as of November 30, the end of the current year. Premium Imports Inc. Stockholders' Equity Section of the Balance Sheet November 30 Pald-in capital: Treasury Stock-Common 38,500 One hundred thousand shares of preferred and 400,000 shares of common stock are authorized. There are 3,500 shares of common stock held as treasury stock, Prepare the Stockholders' Equity section of the balance sheet as of November 30, the end of the current year. Premium Imports Inc. Stockholders' Equity Section of the Balance Sheet November 30 Pald-in capital: w Total paid-in capital Total Total stockholders' equity

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