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The following stockholders equity accounts, arranged alphabetically, are in the ledger of Roder Corporation at December 31, 2014. Common Stock ($2 stated value) $2,304,000 Paid-in
The following stockholders equity accounts, arranged alphabetically, are in the ledger of Roder Corporation at December 31, 2014.
Common Stock ($2 stated value) | $2,304,000 | |
Paid-in Capital in Excess of Par ValuePreferred Stock | 64,800 | |
Paid-in Capital in Excess of Stated ValueCommon Stock | 1,512,000 | |
Preferred Stock (8%, $100 par, noncumulative) | 864,000 | |
Retained Earnings | 1,920,960 | |
Treasury Stock (17,280 common shares) | 103,680 |
Prepare the stockholders equity section of the balance sheet at December 31, 2014.
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