how apply this in a Journal? STOCKHOLDERS' EQUITY SECTION After closing its books on December 31, Mel Brothers' stockholders' equity accounts have the following balances: Common stock subscriptions receivable $6,000 Common stock, $6 par, 15,000 shares $90,000 Preferred stock, $10 par, 8%, 10,000 share $100,000 Common stock subscribed, $6 par, 5,000 share $30,000 Retained earnings $50,000