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eBook Show Me How Question Content Area Reporting Stockholders' Equity Using the following accounts and balances, prepare the Stockholders Equity section of the balance sheet.

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Reporting Stockholders' Equity

Using the following accounts and balances, prepare the Stockholders Equity section of the balance sheet. 80,000 shares of common stock authorized, and 4,000 shares have been reacquired.

Common Stock, $50 par $2,400,000
Paid-In Capital from Sale of Treasury Stock 144,000
Paid-In Capital in Excess of ParCommon Stock 864,000
Retained Earnings 1,128,000
Treasury Stock 94,000

Stockholders' Equity
Paid-in capital: blank blank
CashCommon Stock, $50 Par (80,000 Shares Authorized, 48,000 Shares Issued)Retained EarningsTreasury Stock $- Select -
CashExcess of Issue Price Over ParRetained EarningsTreasury Stock - Select -
Paid-in capital, common stock $fill in the blank 5
CashFrom Sale of Treasury StockRetained EarningsTreasury Stock - Select -
Total paid-in capital $fill in the blank 8
Common Stock, $50 ParExcess of Issue Price Over ParRetained EarningsTreasury Stock - Select -
Total $fill in the blank 11
Common Stock, $50 ParExcess of Issue Price Over ParRetained EarningsTreasury Stock - Select -
Total stockholders' equity $fill in the blank 14

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