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Reporting Stockholders' Equity Using the following accounts and balances, prepare the Stockholders Equity section of the balance sheet. 100,000 shares of common stock authorized, and
Reporting Stockholders' Equity
Using the following accounts and balances, prepare the Stockholders Equity section of the balance sheet. 100,000 shares of common stock authorized, and 10,000 shares have been reacquired.
Common Stock, $80 par$5,600,000
Paid-In Capital from Sale of Treasury Stock112,000
Paid-In Capital in Excess of ParCommon Stock1,470,000
Retained Earnings3,192,000
Treasury Stock69,000
Balance Sheet
Stockholders' Equity
Paid-in capital:
$
Paid-in capital, common stock$
Total paid-in capital$
Total$
Total stockholders' equity
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