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Stockholders' Equity section of balance sheet The following accounts and their balances appear in the ledger of Goodale Properties Inc. on June 30 of

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"Stockholders' Equity" section of balance sheet The following accounts and their balances appear in the ledger of Goodale Properties Inc. on June 30 of the current year: Common Stock, $15 par Paid-In Capital from Sale of Treasury Stock Paid-In Capital in Excess of Par-Common Stock Retained Earnings $162,000 7,000 12,960 267,000 Treasury Stock 10,070 Prepare the "Stockholders' Equity" section of the balance sheet as of June 30. Regarding the common stock, 50,000 shares are authorized and 530 shares have been reacquired. Goodale Properties Inc. Stockholders' Equity June 30, 20XX Line Item Description: Paid-In Capital: Common Stock, $15 Par (50,000 Shares Authorized, 10,800 Shares Issued) Excess of Issue Price Over Par Paid-in capital, common stock From Sale of Treasury Stock Amount Amount Amount

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