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Stockholders Equity Section of Balance Sheet The following accounts and their batances appear in the ledger of Goodale Properties Inc. on June 30 of the
Stockholders Equity Section of Balance Sheet The following accounts and their batances appear in the ledger of Goodale Properties Inc. on June 30 of the current year: Common stock, 915 par $486,000 Pald-in Capital from Sale of Treasury stock 20,000 Paid-in Capital in Excess of Par-Common Stock 12,960 Retained Earnings 763,000 Treasury Stock 10,070 Prepare the stockholders' Equity section of the balance sheet as of June 30 using Method 1 of Ethibit 8. Eighty thousand shares of common stock a Goodale Properties Inc. Stockholders' Equity June 30, 20xx Paldin Capital Common stock, 545 Par (00,000 Shares Authorized, 10,000 Shares Issued) 486,000 Excess over par Paldin capital, common stock From State of Treasury Stock Total Pald-in Capital Retained frings Total Treasury Stock (500 shares at Cost) Total stockholders Equity
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