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Exercise 11-8 Wells Fargo & Company, headquartered in San Francisco, is one of the nation's largest financial institutions. Suppose it reported the following selected accounts
Exercise 11-8 Wells Fargo & Company, headquartered in San Francisco, is one of the nation's largest financial institutions. Suppose it reported the following selected accounts (in millions) as of December 31 2017 Retained earnings Preferred stock Common stock-$1 2/3 par value, authorized 6,000,000,000 shares; issued 5,245,971,422 shares Treasury stock-67,346,829 common shares Paid-in capital in excess of par value common stock Accumulated Other Comprehensive Income $41,400 8,700 8,970 (2,440) 53,400 8,270 Prepare the stockholders' equity section of the balance sheet for Wells Fargo as of December 31, 2017. (Enter account name only and do not provide descriptive information.) WELLS FARGO & COMPANY Partial Balance Sheet
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