E13.15

Paid-in Capital Capital Stock Additional Retained Earnings Account Other E13.15 (LO 3) Financial Statement The following accounts appear in the ledger of Horner Inc. after the books are closed at December 31, 2020. $ 300,000 1,230,000 Common Stock, no par, S1 stated value, 400,000 shares authorized; 300,000 shares issued Paid-in Capital in Excess of Stated Value-Common Stock Preferred Stock, $5 par value, 8%, 40,000 shares authorized; 30,000 shares issued Retained Earnings Treasury Stock (10,000 common shares) Paid-in Capital in Excess of Par-Preferred Stock Accumulated Other Comprehensive Loss 150,000 800,000 74,000 344,000 31,000 Instructions Prepare the stockholders' equity section at December 31, 2020. Problems: Set A