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Reporting Stockholders' Equity On December 31, Nakoma Inc. had the following account balances Reporting Stockholders' Equity On December 31, Nakoma Inc. had the following account

image text in transcribed Reporting Stockholders' Equity On December 31, Nakoma Inc. had the following account balances

Reporting Stockholders' Equity On December 31, Nakoma Inc. had the following account balances. Preferred stock, $100 par, 5,000 shares authorized Paid-in capital in excess of parPreferred stock Common stock, $1 par, 250,000 shares authorized Paid-in capital in excess of parCommon stock Retained earnings Accumulated other comprehensive income Treasury stock, 1,680 shares Noncontrolling interests $28,000 Cr. 112,000 Cr. 49,000 Cr. 672,000 Cr. 504,000 Cr. 67,200 Cr. 77,000 Dr. 7,000 Cr. Prepare the stockholders' equity section of the balance sheet for Nakoma Inc. on December 31 . State the par value per share, and the number of shares authorized, issued, and outstanding for common stock and preferred stock on the face of the statement. Balance Sheet (excerpt) December 31 Stockholders' equity Common stock ($1 par value, 250,000 shares authorized, shares issued, O shares outstanding) $ O Preferred stock ($1 00 par value, 5,000 shares authorized, shares issued and outstanding) O Paid-in capital in excess of par Retained earnings Accumulated other comprehensive income Less: Treasury stock, 1,680 shares Total equity attributable to Nakoma Inc. stockholders Equity attributable to noncontrolling interests Total stockholders' equity 0 0

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