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Reporting Stockholders' Equity Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet using Method 1 of Exhibit 8. 90,000
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Reporting Stockholders' Equity
Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet using Method 1 of Exhibit 8. 90,000 shares of common stock authorized, and 4,000 shares have been reacquired.
Common Stock, $80 par $5,040,000 Paid-In Capital from Sale of Treasury Stock 202,000 Paid-In Capital in Excess of ParCommon Stock 1,071,000 Retained Earnings 2,369,000 Treasury Stock 109,000
Stockholders' Equity Paid-In Capital: $ $ Total Paid-in Capital $ Total $ Total Stockholders' Equity $
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Reporting Stockholders' Equity
Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet using Method 1 of Exhibit 8. 90,000 shares of common stock authorized, and 4,000 shares have been reacquired.
Common Stock, $80 par | $5,040,000 | |
Paid-In Capital from Sale of Treasury Stock | 202,000 | |
Paid-In Capital in Excess of ParCommon Stock | 1,071,000 | |
Retained Earnings | 2,369,000 | |
Treasury Stock | 109,000 |
Stockholders' Equity | ||
Paid-In Capital: | ||
$ | ||
$ | ||
Total Paid-in Capital | $ | |
Total | $ | |
Total Stockholders' Equity | $ |
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