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Exercise 13-11 The following stockholders' equity accounts, arranged alphabetically, are in the ledger of Sarasota Corporation at December 31, 2020. Common Stock ($5 stated
Exercise 13-11 The following stockholders' equity accounts, arranged alphabetically, are in the ledger of Sarasota Corporation at December 31, 2020. Common Stock ($5 stated value) $1,700,000 Paid-in Capital in Excess of Par-Preferred Stock 282,000 Paid-in Capital in Excess of Stated Value-Common Stock 939,000 Preferred Stock (8%, $101 par) 484,800 Retained Earnings 1,020,000 Treasury Stock (11,500 common shares) 138,000 Prepare the stockholders' equity section of the balance sheet at December 31, 2020. (Enter the account name only and do not provide the descriptive information provided in the question.) SARASOTA CORPORATION Partial Balance Sheet December 31, 2020 Additional Paid-in Capital MacBook Air
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