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			$17,550
Common Stock Subscriptions Receivable			11,800
Preferred Stock Subscribed			47,200		$4 dividend, $4 par, 11,800 shares
Common Stock Subscribed			29,000		$10 par, 2,900 shares
Preferred Stock			122,800		$4 dividend, $4 par, 30,700 Shares
Common Stock			257,000		$10 par, 25,700 shares
Paid-In Capital in Excess of Par-Preferred Stock			10,000
Paid-In Capital from Sale of Treasury Stock			1,060
Common Treasury Stock			10,900
Retained Earnings			75,500

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			$17,550
Common Stock Subscriptions Receivable			11,800
Preferred Stock Subscribed			47,200		$4 dividend, $4 par, 11,800 shares
Common Stock Subscribed			29,000		$10 par, 2,900 shares
Preferred Stock			122,800		$4 dividend, $4 par, 30,700 Shares
Common Stock			257,000		$10 par, 25,700 shares
Paid-In Capital in Excess of Par-Preferred Stock			10,000
Paid-In Capital from Sale of Treasury Stock			1,060
Common Treasury Stock			10,900
Retained Earnings			75,500

X

Generalized Statement

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		$