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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

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 $472,500
Paid-In Capital from Sale of Treasury Stock 19,400
Paid-In Capital in Excess of ParCommon Stock 12,600
Retained Earnings 742,000
Treasury Stock 9,785

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 515 shares have been reacquired.

Goodale Properties Inc.
Stockholders' Equity
June 30
Paid-In Capital:
$fill in the blank 2
fill in the blank 4
$fill in the blank 6
fill in the blank 8
Total Paid-In Capital $fill in the blank 9
fill in the blank 11
fill in the blank 13
Total Stockholders' Equity $fill in the blank 14

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