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EX 13-18 Stockholders' Equity section of balance sheet OBJ. 6 List the errors in the following Stockholders' Equity section of the balance sheet prepared as
EX 13-18 Stockholders' Equity section of balance sheet OBJ. 6 List the errors in the following Stockholders' Equity section of the balance sheet prepared as of the end of the current year: Stockholders Equity Paid-in capital: Preferred 2% stock, $80 par Excess of issue price over par...... ...._... . .. . Treasury stock (75,000 shares at cost). . . . . . . . . . . . 500,000 10,500,000 96,700,000 1,755,000 430,000 109,385,000 . . . . . Common stock, $20 par (1,000,000 shares 17,655,000 300,000 127,340,000 Organizing costs
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