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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 $580,500 23,800 15,480 911,000 11,970 Treasury Stock Prepare the Stockholders' Equity section of the balance sheet as of June 30 using Method 1 of Exhibit 8. Eighty thousand shares of common stock are authorized, and 630 shares have been reacquired Goodale Properties Inc. Stockholders' Equity June 30 Comton Stocks450,000 Shares Authorized, 12.000 Shares Inveti Paid-In Capital Excess Over Par Paid-in capital common stock From Sale of Treasury Stock Total Paid-In Capital Bethined Earnings Treasury Stock (630 Shares at Cost Total Stockholders' Equity 15,40 5955 23,800 679,700 911,000 11,90 92.970 X

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