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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, $15 par

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 $153,000
Paid-In Capital in Excess of Par 12,240
Paid-In Capital from Sale of Treasury Stock 6,600
Retained Earnings 253,000
Treasury Stock 9,500

Prepare the Stockholders' Equity section of the balance sheet as of June 30. Fifty thousand shares of common stock are authorized, and 500 shares have been reacquired.

Goodale Properties Inc.
Stockholders' Equity
June 30, 20XX
Paid-In Capital:
Common Stock, $15 Par (50,000 Shares Authorized, 10,200 Shares Issued) $
Excess of Issue Price Over Par
Paid-in capital, common stock $
From Sale of Treasury Stock
Total Paid-In Capital $
Retained Earnings
Total $
Treasury Stock (500 Shares at Cost)
Total Stockholders' Equity $

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