Stockholders' Equity Section

1. Prepare the stockholders' equity section of the balance sheet for Jackson for the year ended December 31, 20--.

After closing its books on December 31, 20--, Jackson Corporation's stockholders' equity accounts had the following balances:

Account

Balance

Additional Information

Preferred Stock Subscriptions Receivable

$13,150

Common Stock Subscriptions Receivable

11,300

Preferred Stock Subscribed

38,200

$4 dividend, $4 par, 9,550 shares

Common Stock Subscribed

32,000

$10 par, 3,200 shares

Preferred Stock

125,400

$4 dividend, $4 par, 31,350 Shares

Common Stock

253,500

$10 par, 25,350 shares

Paid-In Capital in Excess of Par-Preferred Stock

11,600

Paid-In Capital from Sale of Treasury Stock

1,030

Common Treasury Stock

11,400

Retained Earnings

75,650

1. Prepare the stockholders' equity section of the balance sheet for Jackson for the year ended December 31, 20--.

Jackson Corporation
Stockholders' Equity
December 31, 20--
Paid-in capital:
	$
		$
	$
Additional paid-in capital:
	$
Total paid-in capital		$
		$
	$
Total stockholders' equity		$