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Problem 13-5A The following stockholders' equity accounts arranged alphabetically are in the ledger of Galindo Corporation at December 31, 2017. Common Stock ($5 stated value)
Problem 13-5A The following stockholders' equity accounts arranged alphabetically are in the ledger of Galindo Corporation at December 31, 2017. Common Stock ($5 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 $1,950,000 10,000 650,000 1,590,000 775,000 1,740,000 130,000 Preferred Stock (8%, $50 par) Retained Earnings Treasury Stock (10,000 common shares) Prepare a stockholders' equity section at December 31, 2017. (Enter the account name only and do not provide the descriptive information provided in the question.) GALINDO CORPORATION Balance Sheet (Partial)
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