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Exercise 11-10 Your answer is partially correct. Try again The following accounts appear in the ledger of Shamrock, Inc. after the books are closed at
Exercise 11-10 Your answer is partially correct. Try again The following accounts appear in the ledger of Shamrock, Inc. after the books are closed at December 31, 2017 Common Stock (no-par, $2 stated value, 426,000 shares authorized, 261,000 shares issued) 522,000 Paid-in Capital in Excess of Stated Value-Common Stock Preferred Stock ($55 par value, 99 , 44,700 shares authorized, 15,900 shares issued) Retained Earnings Treasury Stock (8,700 common shar Paid-in Capital in Excess of Par Value-Preferred Stock Accumulated Other Comprehensive Loss 1,111,500 886,000 67,950 25,450 32,700 Prepare the stockholders' equity section at December 31, assuming $100,000 of retained earnings is restricted for plant expansion. (Enter account name only and do not provide descriptive information.) December 31, 2017 Stockholders' Equity Paid-in Capital Capital Stock 522,000 Common Stock 874,500 Preferred Stock 1,396,500 Total Capital Stock Additional Paid-in Capital 1,111,500 Paid-in Capital in Excess of Stated Value-Commor 25,450 Paid-in Capital in Excess of Par Value-Preferred St 2,533,450 Total Additional Paid-in Capital Total Paid-in Capital 886,000 Retained Earnings Total Paid-in Capital and Retained Earnings 32,700 Accumulated Other Comprehensive Loss Less 67,950 Treasury Stock Total Stockholders' Equity Click if you would like to Show Work for this question: Open Show Work
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