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Holiday Company Balance Sheet (partial) The following accounts appear in the ledger of Holiday Company at as of December 31, 2021 December 31, 2021. Common
Holiday Company Balance Sheet (partial) The following accounts appear in the ledger of Holiday Company at as of December 31, 2021 December 31, 2021. Common Stock, $1 stated value, 10,000 shares authorized, 3,000 shares issued 3,000 Common Stock Dividend Distributable 500 Paid in capital in excess of stated value - common stock 4,000 6% Preferred Stock, $5 par value, 10,000 shares authorized, 1,000 shares issued 5,000 Retained Earnings 6,000 Treasury Stock (300 shares common) 1,000 Paid in capital in excess of par - preferred stock 3,000 Paid in capital - Treasury stock 100 Prepare the stockholders' equity section of the balance sheet at December 31, 2021
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