Stockholders' Equity Section

1. Prepare the stockholders' equity section of the balance sheet.

After closing its books on December 31, Pro Parts' stockholders' equity accounts had the following balances:

Common stock subscriptions receivable

$5,180

Common stock, $5 par, 13,500 shares

67,500

Preferred stock, $10 par, 4%, 3,700 shares

37,000

Common stock subscribed, $5 par, 5,130 shares

25,650

Paid-in capital in excess of par-common stock

3,730

Retained earnings

31,3701. Prepare the stockholders' equity section of the balance sheet.

Pro Parts
Stockholders' Equity
December 31
Paid-in capital:
	$
Additional paid-in capital:
Total paid-in capital	$
	$
Total stockholders' equity	$