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Problem 13-05A The following stockholders' equity accounts arranged alphabetically are in the ledger of Swifty Corporation at December 31, 2020. Common Stock ($7 stated value)

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Problem 13-05A The following stockholders' equity accounts arranged alphabetically are in the ledger of Swifty Corporation at December 31, 2020. Common Stock ($7 stated value) Paid-in Capital from Treasury Stock Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Preferred Stock (8%, $55 par) Retained Earnings Treasury Stock (10,500 common shares) $2,751,000 10,000 650,000 1,620,000 852,500 1,751,000 136,500 Prepare a stockholders' equity section at December 31, 2020. Problem 13-05A The following stockholders' equity accounts arranged alphabetically are in the ledger of Swifty Corporation at December 31, 2020. Common Stock ($7 stated value) $2,751,000 Paid-in Capital from Treasury Stock 10,000 Paid-in Capital in Excess of Par-Preferred Stock 650,000 Paid-in Capital in Excess of Stated Value-Common Stock 1,620,000 Preferred Stock (8%, $55 par) 852,500 Retained Earnings 1,751,000 Treasury Stock (10,500 common shares) 136,500 Prepare a stockholders' equity section at December 31, 2020

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