Question 1 Not complete Marked out of 5.00 Preparing a Stockholders' Equity Section On December 31, Polar Inc. had the following account balances. Preferred stock, $10 par value Paid in capital in excess of par-Preferred stock Common stock, $1 par value Paid in capital in excess of par-Common stock Retained earnings Accumulated other comprehensive loss Preferred stock, par $10 Common stock, par $1 Paid-in capital in excess of par Retained earnings Accumulated other comprehensive loss Total stockholders' equity Flag question Prepare the stockholders' equity section of the balance sheet for Polar Inc. at December 31. Ignore the disclosure on number of shares. Stockholders' Equity Section December 31 $ $ $150,000 12,000 8,000 40,000 220,000 (6,000)

Preparing a Stockholders' Equity Section On December 31, Polar Inc. had the following account balances. Prepare the stockholders' equity section of the balance sheet for Polar inc. at December 31. Ignore the disclosure on number of shares