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The following stockholders' equity accounts, arranged alphabetically, are in the ledger of Novak Corp. at December 31, 2025. Common Stock ($4 stated value) $2,080,000
The following stockholders' equity accounts, arranged alphabetically, are in the ledger of Novak Corp. at December 31, 2025. Common Stock ($4 stated value) $2,080,000 Paid-in Capital in Excess of Par-Preferred Stock 58,500 Paid-in Capital in Excess of Stated Value-Common Stock 1,365,000 Preferred Stock (6%, $100 par, noncumulative) Retained Earnings Treasury Stock (15,600 common shares) 780,000 1,734,200 93,600
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