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Exercise 10-46 (Algorithmic) Prepare the Stockholders' Equity Section Sabina Investigations has the following accounts on its trial balance Debit Credit Retained earnings Cash Paid-in capital

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Exercise 10-46 (Algorithmic) Prepare the Stockholders' Equity Section Sabina Investigations has the following accounts on its trial balance Debit Credit Retained earnings Cash Paid-in capital in excess of par-common Paid-in capital in excess of par-preferred Accounts payable Accounts receivable Common stock, $2 par Preferred stock, $10 par Inventory Treasury stock-common (40,000 shares) Accumulated other comprehensive income 1,500,000 125,000 10,000,000 2,000,000 75,000 150,000 800,000 600,000 500,000 250,000 48,100

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