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Exercise 8-17 The following accounts appear in the records of Skysong, Inc. at December 31, 2017. Common Stock (no-par, $3 stated value, 402,500 shares authorized,
Exercise 8-17 The following accounts appear in the records of Skysong, Inc. at December 31, 2017. Common Stock (no-par, $3 stated value, 402,500 shares authorized, 355,500 shares issued) Paid-in Capital in Excess of Stated Value-Common Stock Preferred Stock ($55 par value, 8%, 44,500 shares authorized, 13,800 shares issued) Retained Earnings Treasury Stock (9,300 common shares) Paid-in Capital in Excess of Par Value-Preferred Stock Accumulated Other Comprehensive Loss $1,066,500 1,121,500 759,000 873,000 62,750 28,400 32,300 Prepare the stockholders' equity section at December 31. (Enter account name only and do not provide descriptive i SKYSONG, INC. Partial Balance Sheet $
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