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Metlock, Inc. has the following accounts at December 31: Common Stock, $11 par, 4,800 shares issued, $52,800; Paid-in Capital in Excess of Par-Common Stock $34,300;
Metlock, Inc. has the following accounts at December 31: Common Stock, $11 par, 4,800 shares issued, $52,800; Paid-in Capital in Excess of Par-Common Stock $34,300; Retained Earnings $50,000; and Treasury Stock, 550 shares, $12,650 Prepare the stockholders' equity section of the balance sheet. (Enter the account name only and do not provide the descriptive information provided in the question.) Metlock, Inc. Balance Sheet (Partial)
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