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LO 00 Insert Delete Format ste BIU CA Es Merge & Center $ % 9% Sort & Find & Filter Select Analyze Data Conditional Format

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LO 00 Insert Delete Format ste BIU CA Es Merge & Center $ % 9% Sort & Find & Filter Select Analyze Data Conditional Format as Cell Formatting Table Styles Styles Cells Editing Analysis Font Alignment Number ipboard x & fx 1 N O R P Q s M A B C D K E G F H 1 J Score: 0 ALT-TREASURY-STOCK Choose exercise (1-5) 1 6 7 8 9 10 11 12 13 14 Warner Corporation issued 100,000 shares of $1.00 par common stock, at par. The revenues this year were $350,000 and the expenses were $290,000 At the end of the year, Warner reacquired 4,000 shares of Warner stock, at a cost of $2.50 per share. Construct a basic stockholders' equity section of the balance sheet. 0 Show shares issued times par per share. 0 15 16 17 18 19 20 21 22 23 24 25 STOCKHOLDERS' EQUITY Common stock Retained Earnings Common Stock + Retained Earnings Less Treasury Stock Total Stockholders' Equity 0 0 0 Add Common Stock + Retained Earnings Subtract Cost of Treasury Stock Final Stockholders' Equity 26 27 28 29 30 31 22 ALT-TREASURY-STOCK Opening file in Protected View Ready do 9:31 PM 10/11 C w 21F A

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