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Given below is information for the Stockholder Equity section of Jones Balance Sheet as of December, 2014 8% Preferred stock, $100 par value, 10,000 shares
Given below is information for the Stockholder Equity section of Jones Balance Sheet as of December, 2014
8% Preferred stock, $100 par value, 10,000 shares authorized, 5,000 shares issued and outstanding.
Common stock, no par, $2 stated value, 500,000 shares authorized, 204,000 shares issued and outstanding
Additional paid-in capital:
Preferred stock in excess of par value is $34,000
Common stock in excess of stated value is $437,000
Prepare a Stockholders' section of Jones classified balance sheet as of December 31, 2014.
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