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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 $265,500
Paid-In Capital from Sale of Treasury Stock 11,500
Paid-In Capital in Excess of ParCommon Stock 21,240
Retained Earnings 438,000
Treasury Stock 16,435

Prepare the "Stockholders' Equity" section of the balance sheet as of June 30. Fifty thousand shares of common stock are authorized, and 865 shares have been reacquired.

Goodale Properties Inc.
Stockholders' Equity
June 30, 20XX
Paid-In Capital:
$
$
Total Paid-In Capital $
Total $
Total Stockholders' Equity $

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