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Goodale Properties Inc. Stockholders' Equity June 30, 20xx Paid-In Capital: Common Stock, $15 Par (50,000 Shares Authorized, 16,200 Shares Issued) Excess of Issue Price Over

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Goodale Properties Inc. Stockholders' Equity June 30, 20xx Paid-In Capital: Common Stock, $15 Par (50,000 Shares Authorized, 16,200 Shares Issued) Excess of Issue Price Over Par Pald-in capital, common stock From Sale of Treasury Stock Total Paid-In Capital Retained Earnings Total Treasury Stock (795 Shares at Cost) Total Stockholders' Equity Feedback Check My Work Recall that the paid-in capital section of the balance sheet includes separate reporting of each class of stock. Treasury stock held by a corporation reduces stockholders' equity. Learning Objective 6. Goodale Properties Inc. Stockholders' Equity June 30, 20xx Paid-In Capital: Common Stock, $15 Par (50,000 Shares Authorized, 16,200 Shares Issued) Excess of Issue Price Over Par Pald-in capital, common stock From Sale of Treasury Stock Total Paid-In Capital Retained Earnings Total Treasury Stock (795 Shares at Cost) Total Stockholders' Equity Feedback Check My Work Recall that the paid-in capital section of the balance sheet includes separate reporting of each class of stock. Treasury stock held by a corporation reduces stockholders' equity. Learning Objective 6

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