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The following accounts and their balances appear in the ledger of Goodale Properties Inc. on June 30 of the current year: Common Stock, $45 par
The following accounts and their balances appear in the ledger of Goodale Properties Inc. on June 30 of the current year:
Common Stock, $45 par | $3,060,000.00 |
Paid-In Capital from Sale of Treasury Stock | 115,000.00 |
Paid-In Capital in Excess of Par-Common Stock | 272,000.00 |
Retained Earning | 20,553,000.00 |
Treasury Stock | 324,000.00 |
Accounts and Amount Descriptions
Common stock dividends | ||||||||||||||||||||||||||||||||||||
Common stock, $45 par; 80,000 shares authorized, 68,000 issued | ||||||||||||||||||||||||||||||||||||
Excess of issue price over par | ||||||||||||||||||||||||||||||||||||
From sale of treasury stock | ||||||||||||||||||||||||||||||||||||
Increase in retained earnings | ||||||||||||||||||||||||||||||||||||
Preferred stock dividends | ||||||||||||||||||||||||||||||||||||
Retained earnings | ||||||||||||||||||||||||||||||||||||
Total | ||||||||||||||||||||||||||||||||||||
Total contributed capital | ||||||||||||||||||||||||||||||||||||
Total paid-in capital | ||||||||||||||||||||||||||||||||||||
Total stockholders equity | ||||||||||||||||||||||||||||||||||||
Treasury stock; 9,000 shares at cost
Stockholders' Equity
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