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The following stockholders' equity accounts, arranged alphabetically, are in the ledger of Eudaley Corporation at December 31, 2017. Common Stock ($5 stated value)$1,700,000 Paid-in Capital
The following stockholders' equity accounts, arranged alphabetically, are in the ledger of Eudaley Corporation at December 31, 2017.
Common Stock ($5 stated value)$1,700,000 Paid-in Capital in Excess of ParPreferred Stock 282,000 Paid-in Capital in Excess of Stated ValueCommon Stock 939,000 Preferred Stock (8%, $101 par)484,800 Retained Earnings 1,020,000 Treasury Stock (11,500 common shares)138,000
Prepare the stockholders' equity section of the balance sheet at December 31, 2017.
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